HP Inc. (HPQ) recently reported a decrease in revenues and earnings for the second quarter of 2023. The company’s financial results were analyzed by AlphaStreet, a leading provider of financial news and analysis. In this article, we will take a closer look at the findings of AlphaStreet’s infographic analysis of HPQ’s Q2 2023 financial results.<\/p>\n
Revenue<\/p>\n
HPQ reported revenue of $12.5 billion for Q2 2023, which is a decrease of 4% compared to the same period last year. The company’s Personal Systems segment, which includes desktops, notebooks, and workstations, saw a decline in revenue of 2% year-over-year. The Printing segment, which includes printers and supplies, saw a decline in revenue of 6% year-over-year.<\/p>\n
Earnings<\/p>\n
HPQ reported earnings per share (EPS) of $0.78 for Q2 2023, which is a decrease of 7% compared to the same period last year. The company’s operating margin was 7.1%, which is a decrease of 0.6 percentage points compared to the same period last year.<\/p>\n
Cash Flow<\/p>\n
HPQ generated $1.4 billion in cash flow from operations for Q2 2023, which is an increase of 9% compared to the same period last year. The company also returned $1.1 billion to shareholders through share repurchases and dividends.<\/p>\n
Outlook<\/p>\n
HPQ provided guidance for the third quarter of 2023, expecting revenue to be in the range of $12.4 billion to $12.8 billion and EPS to be in the range of $0.74 to $0.80.<\/p>\n
Conclusion<\/p>\n
In conclusion, HP Inc. (HPQ) reported a decrease in revenues and earnings for the second quarter of 2023. The company’s Personal Systems and Printing segments both saw declines in revenue, while cash flow from operations increased. HPQ provided guidance for the third quarter of 2023, expecting revenue and EPS to be in a certain range. The findings of AlphaStreet’s infographic analysis provide valuable insights into HPQ’s financial performance and outlook.<\/p>\n
HP Inc. (HPQ) recently reported a decrease in revenues and earnings for the second quarter of 2023. The company’s financial results were analyzed by AlphaStreet, a leading provider of financial news and analysis. In this article, we will take a closer look at the findings of AlphaStreet’s infographic analysis of HPQ’s Q2 2023 financial results. […]<\/p>\n","protected":false},"author":2,"featured_media":2527033,"menu_order":0,"template":"Default","format":"standard","meta":[],"aiwire-tag":[925,1309,1482,11,17,132,1311,10360,18,1388,790,23,1493,27,29,1589,2334,857,6242,222,2017,2787,2336,4508,7866,5050,6095,1607,7272,466,10170,6097,5180,4517,2350,50,51,1514,2474,5862,57,1987,604,170,2216,12505,3261,477,60,2088,2674,291,251,2738,1253,75,3785,618,353,1676,263,546,1536,5,10,7,8,2607,5880,4370,190,1089,1757,6488,2106,191,356,1278,771,1821,3126,1548,4537,496,2264,1283,5237,3302,4179,98,1553,12661,640,711,109,1127,11417,1128,111,2694,1834,9,123,124,1308,6],"aiwire":[31023],"_links":{"self":[{"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/platowire\/2544270"}],"collection":[{"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/platowire"}],"about":[{"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/types\/platowire"}],"author":[{"embeddable":true,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/users\/2"}],"version-history":[{"count":0,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/platowire\/2544270\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/media\/2527033"}],"wp:attachment":[{"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/media?parent=2544270"}],"wp:term":[{"taxonomy":"aiwire-tag","embeddable":true,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/aiwire-tag?post=2544270"},{"taxonomy":"aiwire","embeddable":true,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/aiwire?post=2544270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}