Hewlett Packard Enterprise Company (NYSE:HPE) Q1 2019 Earnings Conference Call Transcript

Feb 21, 2019 • 05:00 pm ET


Hewlett Packard Enterprise Company (NYSE:HPE) Q1 2019 Earnings Conference Call Transcript


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Good morning, good afternoon and good evening and welcome to the First Quarter 2019 Hewlett Packard Enterprise Earnings Conference Call. My name is Denise and I will be your conference moderator for today's call.

At this time, all participants will be in listen-only mode. We will be facilitating a question-and-answer session towards the end of the conference. (Operator Instructions). As a reminder, this conference is being recorded for replay purposes. I would now like to turn the presentation over to your host for today's call, Mr. Andrew Simanek, Head of Investor Relations. Please proceed.

Andrew Simanek

Good afternoon. I'm Andy Simanek, Head of Investor Relations for Hewlett Packard Enterprise. I'd like to welcome you to our fiscal 2019 first quarter earnings conference call with Antonio Neri, HPE's President and Chief Executive Officer; and Tarek Robbiati, HPE's Executive Vice President and Chief Financial Officer.

Before handing the call over to Antonio, let me remind you that this call is being webcast. A replay of the webcast will be made available shortly after the call for approximately one year. We posted the press release and the slide presentation accompanying today's earnings release on our HPE Investor Relations webpage at investors.hpe.com.

As always, elements of this presentation are forward-looking and are based on our best view of the world and our businesses as we see them today. For more detailed information, please see the disclaimers on the earnings materials relating to forward-looking statements that involve risks, uncertainties and assumptions.

For a discussion of some of these risks, uncertainties and assumptions, please refer to HPE's filings with the SEC including its most recent Form 10-K. HPE assumes no obligations and does not intend to update any such forward-looking statements.

We also note that the financial information discussed on this call reflects estimates based on information available at this time and can differ materially from the amounts ultimately reported in HPE's quarterly report on Form 10-Q for the fiscal quarter ended January 31st, 2019. Also, for financial information that has been expressed on a non-GAAP basis, we have provided reconciliations to the comparable GAAP information on our website.

Please refer to the tables and slide presentation accompanying today's earnings release on our website for details. Finally, please note that after Antonio provides his high-level remarks, Tarek will be referencing the slides and our earnings presentation throughout his prepared remarks.

As mentioned, the earnings presentation can be found posted to our website and is also embedded within the webcast player for this earnings call. With that, let me turn it over to Antonio.

Antonio Neri

Thanks Andy. Good afternoon everyone. Thank you for joining us. Today we reported another strong quarter for Hewlett Packard Enterprise providing further evidence that our strategy and disciplined execution are driving solid profitable growth. In Q1, we continue to execute against our strategy of accelerating growth in Intelligent Edge and delivering profitable growth in Hybrid IT, through innovation exceptional customer experiences and a commitment to our team and culture.

We are on track to exceed most