Industry News, Ink Manufacturers News, Printers News

HP Inc. Reports Fiscal 3Q 2021 Results

Printing net revenue was $4.9 billion, up 24% year over with a 17.6% operating margin.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

HP Inc. and its subsidiaries announced fiscal 2021 third quarter net revenue of $15.3 billion, up 7.0% (up 4.1% in constant currency) from the prior-year period. HP’s net cash provided by operating activities in the third quarter of fiscal 2021 was $1.1 billion. HP generated $1 billion of free cash flow in the third quarter. Third quarter GAAP diluted net EPS was $0.92, up from $0.52 in the prior-year period and above the previously provided outlook of $0.77 to $0.81. Third quarter non-G...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters