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Hewlett Packard Enterprise Company (HPE) CEO Antonio Neri on Q1 2021 Results - Earnings Call Transcript

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Hewlett Packard Enterprise Company (NYSE:HPE) Q1 2021 Earnings Conference Call March 2, 2021 5:00 PM ET

Company Participants

Andrew Simanek - Vice President, Investor Relations

Antonio Neri - President and Chief Executive Officer

Tarek Robbiati - Executive Vice President and Chief Financial Officer

Conference Call Participants

Shannon Cross - Cross Research

Wamsi Mohan - Bank of America

Aaron Rakers - Wells Fargo

Katy Huberty - Morgan Stanley

Amit Daryanani - Evercore

Simon Leopold - Raymond James

Paul Coster - JPMorgan


Good day and welcome to the First Quarter 2021 Hewlett Packard Enterprise Earnings Conference Call. My name is Cole and I will be your conference moderator for today’s call. [Operator Instructions] And 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, Vice President of Investor Relations. Please proceed.

Andrew Simanek

Great. Thank you. Good afternoon, everyone. I am Andy Simanek, Head of Investor Relations for Hewlett Packard Enterprise. I would like to welcome you to our fiscal 2021 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 1 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

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Comments (3)

Sounds like the management team is laser focus for the future drive!
Willow Street Investments profile picture
@Riskman Any thought on high leverage and debt reduction plans?
@Willow Street Investments Well yes, the debt is near 40%,however the recent years new acquisitions are paying off big time with increased cash flows. The company's equity has increase in value to over the past year. Refinance debt to lower rates should help the bottom line. It appears HPE has the assets in place they need for their transformation. Perhaps we will see a future company split (spin-off)...a slower growth vs. higher growth spinoff.
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