HP Inc. Reports Fiscal 2023 Third Quarter Results

(a)      Includes any dilutive effect of restricted stock units, stock options and performance-based awards.  


 
HP INC. AND SUBSIDIARIES
CALCULATION OF DILUTED NET EARNINGS PER SHARE
(Unaudited)
(In millions, except per share amounts)
 
  Nine months ended
  July 31, 2023  July 31, 2022
Numerator:   
GAAP net earnings$2,289  $3,155 
Non-GAAP net earnings$2,375  $3,345 
    
Denominator:   
Weighted-average shares used to compute basic net earnings per share 991   1,052 
Dilutive effect of employee stock plans(a) 8   12 
Weighted-average shares used to compute diluted net earnings per share 999   1,064 
    
GAAP diluted net earnings per share$2.29   $ 2.97  
Non-GAAP diluted net earnings per share $ 2.38     $ 3.14  
 

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