HP’s final figures are down

The final results for HP as a single company are in, showing declines in revenues and earnings.
The company reports fiscal 2015 net revenue of $103,4-billion, down 7% from the prior-year period and down 2% on a constant currency basis.
Fiscal 2015 non-GAAP diluted net earnings per share was $3.59, while fiscal 2015 GAAP diluted net earnings per share was $2.48. Cash flow from operations of $6,5-billion, down 47% from the prior-year period.
HP did return $4,1-billion to shareholders in the form of share repurchases and dividends in fiscal 2015, which was in excess of 100% of fiscal 2015 free cash flow.
For the fourth quarter, the company posted net revenue of $25,7-billion, down 9% from the prior-year period and down 3% on a constant currency basis. Non-GAAP diluted net earnings per share was $0.93, and GAAP diluted net earnings per share was $0.73. Cash flow from operations was $2,6-billion, down 3% from the prior-year period.
Personal Systems revenue was down 14% year over year with a 3,8% operating margin. Commercial revenue decreased 15% and Consumer revenue decreased 12%. Total units were down 12% with Desktops units down 17% and Notebooks units down 5%.
Printing revenue was down 14% year over year with a 17,4% operating margin. Total hardware units were down 17% with Commercial hardware units down 23% and Consumer hardware units down 14%. Supplies revenue was down 10%.
Enterprise Group revenue was up 2% year over year with a 14% operating margin. Industry Standard Servers revenue was up 5%, Storage revenue was down 7%, Business Critical Systems revenue was down 8%, Networking revenue was up 35% and Technology Services revenue was down 11%.
Enterprise Services revenue was down 9% year over year with an 8.2% operating margin. Application and Business Services revenue was down 5% and Infrastructure Technology Outsourcing revenue declined 11%.
Software revenue was down 7% year over year with a 30,1% operating margin. License revenue was down 6%, support revenue was down 9%, professional services revenue was down 3% and software-as-a-service (SaaS) revenue was down 2%.
HP Financial Services revenue was down 11% year over year with a 2% increase in net portfolio assets and a 4% decrease in financing volume. The business delivered an operating margin of 10,8%.