| HP INC. AND SUBSIDIARIES
CALCULATION OF DILUTED NET EARNINGS PER SHARE (Unaudited) (In millions, except per share amounts) | |||||||||
| Three months ended | |||||||||
| October 31, 2023 | July 31, 2023 | October 31, 2022 | |||||||
| Numerator: | |||||||||
| GAAP net earnings (loss) | $ | 974 | $ | 766 | $ | (23 | ) | ||
| Non-GAAP net earnings | $ | 902 | $ | 859 | $ | 832 | |||
| Denominator: | |||||||||
| Weighted-average shares used to compute basic net earnings (loss) per share | 994 | 993 | 998 | ||||||
| Dilutive effect of employee stock plans(a) | 10 | 9 | 11 | ||||||
| Weighted-average shares used to compute diluted net earnings (loss) per share | 1,004 | 1,002 | 1,009 | ||||||
| GAAP diluted net earnings (loss) per share | $ | 0.97 | $ | 0.76 | $ | (0.02 | ) | ||
| Non-GAAP diluted net earnings per share | $ | 0.90 | $ | 0.86 | $ | 0.82 | |||
| (a) Includes any dilutive effect of restricted stock units, stock options and performance-based awards. | |||||||||
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HP Inc. Reports Fiscal 2023 Full Year and Fourth Quarter Results
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