HP Inc. Reports Fiscal 2024 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, 2024  July 31, 2023
Numerator:   
GAAP net earnings$1,869  $2,289 
Non-GAAP net earnings$2,439  $2,375 
    
Denominator:   
Weighted-average shares used to compute basic net earnings per share 986   991 
Dilutive effect of employee stock plans(a) 8   8 
Weighted-average shares used to compute diluted net earnings per share 994   999 
    
GAAP diluted net earnings per share$1.88  $2.29 
Non-GAAP diluted net earnings per share$2.45  $2.38 

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

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