HP Reports Fiscal 2014 Second Quarter Results

                                                                            
                  HEWLETT-PACKARD COMPANY AND SUBSIDIARIES                  
               CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS                
                                (Unaudited)                                 
                   (In millions except per share amounts)                   
                                                                            
                                                         Six months ended   
                                                             April 30,      
                                                       -------------------- 
                                                          2014       2013   
                                                       ---------  --------- 
                                                                            
Net revenue                                            $  55,463  $  55,941 
                                                                            
Costs and expenses:                                                         
  Cost of sales                                           42,440     43,084 
  Research and development                                 1,684      1,609 
  Selling, general and administrative                      6,601      6,642 
  Amortization of intangible assets                          547        700 
  Restructuring charges                                      366        538 
  Acquisition-related charges                                  6         15 
                                                       ---------  --------- 
    Total costs and expenses                              51,644     52,588 
                                                       ---------  --------- 
                                                                            
Earnings from operations                                   3,819      3,353 
                                                                                                               
Interest  and  other,  net                                                                          (337)            (372)
                                                                                                              ---------    ---------  
                                                                                                                                                        
Earnings  before  taxes                                                                            3,482            2,981  
                                                                                                                                                        
Provision  for  taxes                                                                                  (784)            (672)
                                                                                                              ---------    ---------  
                                                                                                                                                        
Net  earnings                                                                                      $      2,698    $      2,309  
                                                                                                              =========    =========  
                                                                                                                                                        
Net  earnings  per  share:                                                                                                          
    Basic                                                                                                $        1.42    $        1.19  
    Diluted                                                                                            $        1.40    $        1.18  
                                                                                                                                                        
Cash  dividends  declared  per  share                                            $        0.29    $        0.26  
                                                                                                                                                        
                                                                                                                                                        
Weighted-average  shares  used  to  compute  net  earnings                                                
  per  share:                                                                                                                                  
    Basic                                                                                                        1,898            1,944  
    Diluted                                                                                                    1,922            1,952  
                                                                                                                                                        
                                                                                                                                                        
 

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7  Next Page »



Review Article Be the first to review this article
Rand3D

Featured Video
Jobs
Mechanical Engineer I for Air Techniques, Inc at Melville, NY
Proposal Support Coordinator for Keystone Aerial Surveys at Philadelphia, PA
Upcoming Events
The Rise of Mechatronics at Dassault Systèmes San Diego 5005 Wateridge Vista Drive San Diego CA - Sep 12, 2017
The Rise of Mechatronics at Buca di Beppo - Pasadena 80 West Green Street Pasadena CA - Sep 13, 2017
The Rise of Mechatronics at Dassault Systèmes Santa Clara 3979 Freedom Circle, Ste 750 Santa Clara CA - Sep 14, 2017
The 30th Annual Integrated Process Excellence Symposium & Training at Wyndham Grand Bonnet Creek Resort Orlando FL - Sep 18 - 20, 2017
Kenesto: 30 day trial



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise