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HP announced its first quarter results for the 2024 fiscal year on February 28th local time, with a net revenue of $13.19 billion, a year-on-year decrease of 4.4%, and analysts expected $13.58 billion; Adjusted earnings per share for the first quarter were $0.81, a year-on-year increase of 11%, with analysts expecting $0.81; Free cash flow for the first quarter was $25 million, with analysts expecting $1.07 billion. HP still expects adjusted earnings per share of $3.25-3.65 for the entire fiscal year, while analysts expect $3.45; Still expected to have free cash flow of $3.1-3.6 billion for the entire fiscal year, with analysts expecting $3.39 billion.
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