CIMdata PLM Industry Summary Online Archive

20 November 2012

Financial News

HP Reports Fourth Quarter and Full Year 2012 Results

Highlights:

  • Full year fiscal 2012 non-GAAP diluted earnings per share of $4.05, within the previously provided outlook of $4.05 to $4.07 
  • Full year fiscal 2012 GAAP loss per share of $6.41
  • Full year fiscal 2012 net revenue of $120.4 billion, down 5% from the prior-year period and down 4% when adjusted for the effects of currency
  • Fourth quarter non-GAAP diluted earnings per share of $1.16, down 1% from the prior-year period
  • Fourth quarter GAAP loss per share of $3.49
  • Fourth quarter net revenue of $30.0 billion, down 7% from the prior-year period and down 4% when adjusted for the effects of currency
  • Cash flow from operations of $4.1 billion, up 69% from the prior-year period
  • Returned $384 million in cash to shareholders in the form of dividends and share repurchases
  • Fourth quarter and full year fiscal 2012 results include a non-cash goodwill and intangible asset impairment charge of $8.8 billion relating to the Autonomy business within the Software segment

HP today announced financial results for its fourth fiscal quarter and full fiscal year ended Oct. 31, 2012. 

For the full year fiscal 2012, net revenue of $120.4 billion was down 5% from the prior-year period and down 4% when adjusted for the effects of currency.

Full-year GAAP loss per share was $6.41, down from diluted earnings per share (EPS) of $3.32 in the prior-year period. Full-year non-GAAP diluted EPS was $4.05, down 17% from the prior-year period. Full year non-GAAP earnings information excludes after tax costs of $20.7 billion, or $10.46 per diluted share, related to the impairment of goodwill and purchased intangible assets, restructuring charges, amortization of purchased intangible assets, charges relating to the wind down of non-strategic businesses and acquisition-related charges.

The complete news release is available at: http://h30261.www3.hp.com/phoenix.zhtml?c=71087&p=irol-newsArticle&ID=1760639&highlight=

Become a member of the CIMdata PLM Community to receive your daily PLM news and much more.

Tell us what you think of the CIMdata Newsletter. Send your feedback.

CIMdata is committed to your privacy. Your personal information will never be sold or shared outside of CIMdata without your express permission.

Subscribe