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HP reports on last quarter’s earnings

Total net revenue up 9.3% to $16.7 billion

  • Free cash flow of $0.9 billion excluding Oracle litigation proceeds of $1.8 billion
  • Printing Division net revenue up 1.1% to $4.9 billion
    • Operating profit (non-GAAP) of $830 million
    • Supplies revenue down 2%
    • Total hardware units down 26%
  • Consumer units down 28%
  • Commercial units down 12%
  • Commercial revenue up 19%
  • Consumer revenue down 6%

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