“PALO ALTO, CA–(Marketwire – Feb 21, 2013) – HP ( NYSE : HPQ )
- First quarter non-GAAP diluted earnings per share of $0.82, down 11% from the prior year, above previously provided outlook of $0.68 to $0.71
- First quarter GAAP diluted earnings per share of $0.63, down 14% from the prior year, above previously provided outlook of $0.34 to $0.37 per share
- First quarter net revenue of $28.4 billion, down 6% year over year and down 4% when adjusted for the effects of currency
- Cash flow from operations of $2.6 billion, up 115% from the prior year
- Returned $511 million in cash to shareholders in the form of dividends and share repurchases
- Improved company net debt position for the fourth consecutive quarter by over $1 billion…”
