Hewlett Packard Enterprise Company (NYSE:HPE) Q4 2022 Earnings Call Transcript

Second is, we are executing better. No question about it, and Q4 was a great example of that. Third is that the demand for our solutions remains steady. And I understand the question about, well, your competitors may have or other vendors have different views. I cannot comment on their views. I’m just telling you, after 20 quarters is what I see, and what we say we do. So in the end, we probably have to take at the face value of what we tell you, and we deliver against that. And then last but not least, in 2020, Tarek and I on Q2 2020, when the pandemic started, we came here, to the call, and we told you we’re going to enact a program to reallocate resources to high-growth, high-margin areas and rightsize the Company. We believe we are rightsized going forward.

And those actions are paying off, not only because we delivered $175 million net savings to shareholders but because we have now different talent in different locations that give us the confidence that we can execute the strategy. So, it’s a combination of four different things we have done over and over and over. In Q4, obviously, with a little bit of easing on supply, we’re able to translate all the hard work into record-breaking results, and most importantly, give us the confidence that we entered 2023 with an amazing momentum, and that’s why we give the guidance that we give you. And we’re going to see every quarter where we stand, but we feel pretty good about our ability to deliver and potentially even exceed those numbers we give for the full year.

So, with that, thank you very much. If I don’t speak to you before the end of the year, I wish you a happy holidays, to you and your families. So, thank you for your time today.

Operator: Ladies and gentlemen, this concludes our call for today. Thank you, and have a great night.