Industry News

HP Reports 4Q, Fiscal 2013 Results

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By: DAVID SAVASTANO

Editor, Ink World Magazine

HP announced financial results for its fiscal fourth quarter and fiscal year ended Oct. 31, 2013. Fourth quarter GAAP diluted net earnings per share (EPS) was $0.73, up from a GAAP diluted net loss per share of $3.49 in the prior-year period. Fourth quarter non-GAAP diluted net EPS was $1.01, down from $1.16 in the prior-year period. Fourth quarter non-GAAP net earnings and non-GAAP diluted net EPS exclude after-tax costs of $545 million and $0.28 per diluted share, respectively, related to res...

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