HP Inc. Reports Fiscal 2024 Second Quarter Results

HP INC. AND SUBSIDIARIES
CALCULATION OF DILUTED NET EARNINGS PER SHARE
(Unaudited)
(In millions, except per share amounts)
 
  Three months ended
  April 30, 2024  January 31, 2024  April 30, 2023
Numerator:     
GAAP net earnings$607 $622 $1,054
Non-GAAP net earnings$812 $808 $785
      
Denominator:     
Weighted-average shares used to compute basic net earnings per share 984  995  991
Dilutive effect of employee stock plans(a) 6  7  7
Weighted-average shares used to compute diluted net earnings per share 990  1,002  998
      
GAAP diluted net earnings per share $ 0.61   $ 0.62   $ 1.06
Non-GAAP diluted net earnings per share $ 0.82   $ 0.81   $ 0.79
 
(a) Includes any dilutive effect of restricted stock units, stock options and performance-based awards. 
 

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