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HP Inc. Reports Fiscal 2024 Second Quarter Results

Second quarter net revenue was $12.8 billion, down 0.8% from the prior-year period, with free cash flow of $0.5 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

HP Inc. and its subsidiaries announced fiscal 2024 second quarter net revenue of $12.8 billion, down 0.8% (down 1.2% in constant currency) from the prior-year period. “We delivered a solid quarter and first half, and unveiled an innovative portfolio of solutions designed for the AI and hybrid era” said Enrique Lores, president and CEO, HP Inc. “We have a clear strategy and are well positioned to drive profitable growth across our business.” Second quarter GAAP diluted net EPS was $0.61, do...

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