Categories AlphaGraphs, Earnings, Technology

HPQ Earnings: All you need to know about HP’s Q2 2024 earnings results

HP Inc. (NYSE: HPQ) reported second quarter 2024 earnings results today.

Net revenue dipped nearly 1% to $12.8 billion compared to the same period a year ago.

GAAP net earnings decreased 42% to $607 million, or $0.61 per share, compared to last year. Adjusted EPS increased 4% to $0.82.

Revenue and earnings beat expectations, sending the stock climbing over 5% in aftermarket hours on Wednesday.

For the third quarter of 2024, HP expects GAAP EPS to be $0.63-0.77 and adjusted EPS to be $0.78-0.92. For fiscal year 2024, the company expects GAAP EPS of $2.60-2.90 and adjusted EPS of $3.30-3.60.

Prior performance

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

Thriving on AI power, Broadcom (AVGO) looks headed for a record year

Broadcom, Inc. (NASDAQ: AVGO), a diversified semiconductor and software company, once again reported strong quarterly results and raised guidance, aided by a surge in the demand for its AI chips

A look at Signet Jewelers’ (SIG) performance in Q1 2025

Shares of Signet Jewelers Limited (NYSE: SIG) fell over 4% on Friday. The stock has dropped 17% year-to-date. The jewelry retailer saw sales and earnings decline year-over-year in the first

ADBE Earnings: Adobe reports higher Q2 earnings; results beat estimates

Design software maker Adobe Inc. (NASDAQ: ADBE) on Thursday reported an increase in second-quarter 2024 revenue and earnings. The results also topped expectations. Second-quarter revenues came in at $5.31 billion,

Add Comment
Viewing Highlight