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HP Inc (HPQ.N)

HPQ.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

HP announces fiscal 2017 financial outlook
Thursday, 13 Oct 2016 04:30pm EDT 

Hp Inc : HP Inc. announces fiscal 2017 financial outlook . Sees FY 2017 non-gaap earnings per share $1.55 to $1.65 . Sees FY 2017 gaap earnings per share $1.47 to $1.57 from continuing operations . Free cash flow outlook is in range of $2.3 to $2.6 billion for fiscal 2017 . HP Inc. - announces additional share repurchase authorization of $3 billion for future repurchases . Expects to return 50%-75% of annual free cash flow to shareholders through a combination of a robust dividend and regular share buy backs . HP Inc - increases planned quarterly dividend amount by 7% . Anticipates generating cash flow from operations of approximately $2.8 to $3.1 billion in fiscal 2017 .FY 2017 earnings per share view $1.61 -- Thomson Reuters I/B/E/S.  Full Article

HP Inc Q3 non-gaap EPS $0.48 from cont ops
Wednesday, 24 Aug 2016 04:05pm EDT 

Hp Inc : Hp inc. Reports third quarter fiscal 2016 results . Q3 non-gaap earnings per share $0.48 from continuing operations . Q3 gaap earnings per share $0.49 from continuing operations . Q3 revenue $11.9 billion versus i/b/e/s view $11.46 billion . Sees fy 2016 non-gaap earnings per share $1.59 to $1.62 from continuing operations . Sees q4 2016 non-gaap earnings per share $0.34 to $0.37 from continuing operations . Sees fy 2016 gaap earnings per share $1.46 to $1.49 from continuing operations . Sees q4 2016 gaap earnings per share $0.22 to $0.25 from continuing operations . Q3 earnings per share view $0.44 -- Thomson Reuters I/B/E/S . Hp inc qtrly printing revenue $4,423 million versus $5,163 million . Q3 personal systems net revenue $7,512 million versus $7,505 million . Fiscal 2016 q4 non-gaap diluted net eps from continuing operations estimates exclude $0.12 per diluted share . Q4 earnings per share view $0.41 -- Thomson Reuters I/B/E/S .Fy2016 earnings per share view $1.61 -- Thomson Reuters I/B/E/S.  Full Article

OpenText says substantially completed acquisition of HP's customer communications management assets
Monday, 1 Aug 2016 09:00am EDT 

Hp Inc :Has substantially completed closing of previously announced acquisition of customer communications management (CCM) assets from HP Inc.  Full Article

HP Inc says board declared a cash dividend of $0.124 per share
Wednesday, 20 Jul 2016 09:27am EDT 

HP Inc :HP Inc says board of directors has declared a cash dividend of $0.124 per share.  Full Article

US CPSC - HP recalls about 41,000 batteries for HP and Compaq notebook computers
Thursday, 23 Jun 2016 01:30pm EDT 

U.S. CPSC : U.S. CPSC - HP received seven reports of battery packs overheating, melting or charring, including four reports of property damage of about $4,000 total . U.S. CPSC - HP recalls batteries for HP and Compaq notebook computers due to fire and burn hazards . U.S. CPSC - HP recalls about 41,000 batteries for HP and Compaq notebook computers (in addition, about 2,600 sold in Canada, about 4,500 sold in Mexico) .U.S. CPSC - Recall involves lithium-ion batteries containing panasonic cells that are used in hp notebook computers.  Full Article

HP Inc says changes record date for a previously declared dividend
Thursday, 2 Jun 2016 06:02pm EDT 

HP Inc : Record date for its previously declared dividend will change from June 8, 2016 to June 15, 2016 .Payment date of previously declared dividend of $0.124 per share on common stock of HP Inc remains July 6, 2016.  Full Article

HP Inc declared a cash dividend of $0.124 per share
Tuesday, 31 May 2016 04:05pm EDT 

HP Inc :Declared a cash dividend of $0.124 per share on company's common stock.  Full Article

HP Inc says "On track to reduce our cost structure by more than $1 billion in 2016" - Dion Weisler, CEO
Wednesday, 25 May 2016 06:48pm EDT 

: HP Inc says "On track to reduce our cost structure by more than $1 billion in 2016" - Dion Weisler, CEO . HP Inc says "Reduction of approximately 1200 headcount year to date and are on track to achieve savings objective by year end" - Dion Weisler, CEO . HP Inc says "Despite a tough market, we delivered on our objectives" - Dion Weisler, CEO . HP Inc says "Still expect approximately 3000 people to exit by the end of the year" - Cathie Lesjak, CFO . HP Inc - "As far as our major franchises go, very committed to both PC and printing portfolios" - CEO on whether considering any spin-off mergers Source - HP Inc Conference call Further company coverage: [HPQ.N] (Bengaluru Newsroom; +1 646 223 8780).  Full Article

HP Inc's profit from cont ops falls to 38 cents per share
Wednesday, 25 May 2016 04:45pm EDT 

HP Inc : Reports second quarter fiscal 2016 results . Says for fiscal 2016 Q3, HP estimates non-GAAP diluted net EPS from continuing operations to be in range of $0.37 to $0.40 . Q3 earnings per share view $0.40, revenue view $11.61 billion -- Thomson Reuters I/B/E/S . Says for fiscal 2016 Q3, HP estimates GAAP diluted net EPS from continuing operations to be in range of $0.34 to $0.37 . Says for fiscal 2016, HP estimates non-GAAP diluted net EPS from continuing operations to be in range of $1.59 to $1.65 . Qtrly personal systems net revenue was down 10% year over year (down 5% in constant currency) . Q2 printing revenue $4,637 million versus $5,508 million . Fy2016 earnings per share view $1.59, revenue view $47.53 billion -- Thomson Reuters I/B/E/S . Sees 2016 GAAP diluted net EPS from continuing operations to be in range of $1.52 to $1.58 . Q3 earnings per share view $0.40 -- Thomson Reuters I/B/E/S . Fiscal 2016 non-GAAP diluted net EPS from continuing operations estimates exclude $0.07 per diluted share, related to restructuring charges . GAAP diluted net EPS from continuing operations estimates exclude $0.03 per diluted share, related to restructuring charges . Q2 non-GAAP earnings per share $0.41 from continuing operations . Q2 GAAP earnings per share $0.38 from continuing operations . Q2 revenue $11.6 billion versus i/b/e/s view $11.72 billion . Sees FY 2016 non-GAAP earnings per share $1.59 to $1.65 from continuing operations.  Full Article

Johnson & Johnson says collaborating with HP Inc's unit
Tuesday, 17 May 2016 08:52am EDT 

Johnson & Johnson : Johnson & Johnson announces collaboration with HP Inc. subsidiary to create personalized health care solutions with 3D printing technologies . "collaboration is focused on using 3D printing technologies to create better health care outcomes at reduced costs" . "collaboration announced today has already begun, with teams of experts from both organizations working together" .In near-term, collaboration will focus on personalization of instrumentation and software for patient-specific healthcare devices.  Full Article

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HP Inc forecasts adjusted profit largely below estimates

HP Inc , the legacy printer and PC business of the former Hewlett-Packard Co, forecast a current-quarter adjusted profit largely below analysts' estimates amid waning demand for its printers.