HP Fiscal Q1 Non-GAAP Earnings Fall, Revenue Rises; Fiscal 2025 Guidance Reaffirmed

MT Newswires Live
02-28

HP (HPQ) reported fiscal Q1 non-GAAP earnings late Thursday of $0.74 per diluted share, down from $0.81 a year earlier.

Analysts polled by FactSet expected $0.75.

Revenue for the quarter ended Jan. 31 was $13.50 billion, up from $13.19 billion a year earlier.

Analysts surveyed by FactSet expected $13.39 billion.

The company said it expects fiscal Q2 non-GAAP EPS of $0.75 to $0.85. Analysts surveyed by FactSet expect $0.86.

HP reaffirmed its fiscal year 2025 non-GAAP EPS guidance of $3.45 to $3.75. Analysts surveyed by FactSet expect $3.57.

Shares of the company fell 4.4% in recent after-hours activity.

Price: 31.68, Change: -1.45, Percent Change: -4.38

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