Description

HP Inc: Can Artificial Intelligence (AI) Enabled PCs Drive Phenomenal Growth In The Future?

HP Inc. reported its first quarter results in the fiscal year 2024 with a solid performance, managing through a volatile external environment that continues to impact demand across the industry, as noted by the CEO, Enrique Lores. The net revenue was slightly down by 4% year-over-year, marking the third straight quarter of slowing revenue decline, which indicates possible market stabilization. Despite the challenging conditions, the company continued to make progress in its key growth areas, successfully maintaining investments in a down market to strengthen HP Inc.’s competitive position and recording bright spots around gaming, workforce solutions, and consumer subscriptions with Instant Ink. This disciplined execution across the business resulted in a 5% year[1]over-year growth in Non-GAAP operating profit dollars and an 11% improvement in Non-GAAP EPS growth.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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