HP announces preliminary third quarter results

In the third quarter, preliminary GAAP diluted earnings per share (EPS) were approximately $0.75 and non-GAAP diluted EPS were approximately $1.08. GAAP and non-GAAP EPS were negatively impacted by $0.02 pertaining to one-time charges relating to the previously announced U.S. Department of Justice settlement. Non-GAAP diluted EPS estimates exclude after-tax costs of approximately $0.33 per share, related primarily to restructuring, amortization of purchased intangible assets and acquisition-related charges.

For the full year, HP now expects revenue in the range of $125.3 billion to $125.5 billion (Euro 94.29 to 94.44) . FY10 GAAP diluted EPS is expected to be in the range of $3.62 to $3.64 (Euro 2.72 to 2.73) and non-GAAP diluted EPS in the ranged of $4.49 to $4.51 (Eurp 3.38 to 3.39).