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HP Inc. Reports Fiscal 3Q 2023 Results

Third quarter net revenue of $13.2 billion was down 9.9% from the prior-year period.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

HP Inc. and its subsidiaries announced fiscal 2023 third quarter net revenue of $13.2 billion, down 9.9% (down 7.4% in constant currency) from the prior-year period. “We delivered a solid quarter of sequential growth, combining strong innovation with disciplined execution to gain profitable PC market share and achieve our non-GAAP EPS target,” said Enrique Lores, HP president and CEO. “While we expect another quarter of sequential growth in Q4, the external environment has not improved ...

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