much Thank Antonio. you very
detail on of fiscal me results let the for provide financial year Now quarter more first our XXXX.
before, referencing presentation I'd the I done in slides the As be quarter. our highlight have earnings from performance our to
note please reporting granular more that performance Also, provide will progress to company. and the now the according our results financial This becoming of our we are businesses platform-as-a-service detail segmentation. new our edge-to-cloud on towards
our recently more detailed but briefly main takeaway. last tables information, the to X-K which high-level the historical the discussed includes the refer Please for for reiterate Antonio filed for two Form to quarter, years. already points I want reconciliation
are recurring challenging in our revenue areas more on environment. margin We and execute transition continuing to higher to a business
the foundation lay have we in sustainable, the strategy We are confident growth in right a the to also and remain future. profitable place taking actions right for that
X, for detail demand expand and supply from that I'll improved efficiencies the component and margins constraints non-GAAP by quarter, year, driven Slide manufacturing gross points shift, with highlights to of shortly, services, the cost we top primarily XXX line provide portfolio cost more basis financial this and challenges mix which despite to Turning tailwinds. continued commodity the uneven on by
our which income gross buybacks of expense interest is share our in year-over-year equity combined $X.XX that EPS X% from benefits record quarter. non-GAAP original with and diluted up included and the with margin for in This and other resulted line HPC outlook in contributed expansion ownership
repurchased normal which seasonality. of front, capital with was with was we cash paid prior Consistent and and management free $XXX flow policy the our the year a On $XXX million line in cash an million, use enterprise uneven and business in larger environment. Antonio close $XXX unpredictable as dividends From macro perspective, deals million and in geopolitical continue factors particularly shares. a to business mentioned, in creating uncertainty,
by site Compute North further both American supply business was the shortages manufacturing constraints, particular. component which and This affected exacerbated consolidation our in
alleviate a remain and this to shortages headwind situation component we expect through We year. progress to as the
execution moving forward. manufacturing are have challenges to created in has consolidation and term actively near American The agilities chain site and expect efficiencies North addressing supply that we improved our
we impact Adding supply is to and our health minimize the outbreak. we're The to by supply this the causing potential potential demand disruption closely situation to working time, while the cannot uncertainty and and to is and monitoring issue the impacts. suppliers quantify both real demand at coronavirus caused are disruption with the
new Edge quarter won't performance number, to we hit I In accordance every X%. move let take in that you now shows X, We'll Slide through me but our segment, key in a the our with segmentation. points. few the Intelligent grew
America off sales Our and LAN go-to-market wireless North America are growth changes segmentation and XX% overall growth in to double-digit leadership with paying North product. in
XXX R&D in we to year-over-year. profitability also continue year, operating sales we with basis points this make of improvement are investments While relevant delivering X.X% up significant margins and
year. with site component this in XX% previously operating consolidation, manufacturing and the declined due demand supply uneven revenue yet Compute last profit-margin delivered North line American X.X% a In quarter to environment, highlighted we constraints
units In included been full units since grew up our also growing Tier Systems, Compute sequentially contribution Critical High to X Mission respect and were QX year-over-year our digits and we mid-single Cray. excluding quarter XXXX. have from With X% revenue China, that Performance first in
HPC has billion year through to of that is awarded been Our $X be business over XXXX. delivered business expected fiscal
the to by We fiscal millions and HPC be also of triple the run digit significantly cost cost and annualized year rate, optimize end recognized and synergies to envelope profit next will MCS. the in the margins Cray expect adding of operating
reporting Infrastructure competitive in quarter. peers. quarter, our that growing notable Within against Infrastructure year-over-year strength Hyperconverged year-over-year and we aligned Hyperconverged Storage this maintaining Storage, are X% big at revenues data progress we to at flat and the sequential is Note backdrop, first made this a growing XX% with
our Professional and points we reporting first flat In XX.X business. Advisory improved the we & unprofitable revenue are operating significantly time we for Services, in segmentation year-over-year by on eliminating focus new was as margins
was year-over-year down Operational Services, across MCS and and which included revenue is up Storage X% were orders HPC compute, X%. and
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with again contract we return is currency ratio and we of profitability was our quarter XX% underlying assets, Within GreenLake in a X% up the that this continue the financial of to this on quarter supporting terms of robust. and longer we demonstrates which services, constant attach bad solid the which this This HPE approximately debt expanded be loss maintained units X.X% equity portfolio best-in-class within with of sell rates net industry.
not slide, our telco the telco It momentum. Orders in services the while services segment is due Media to software and improved up momentum service CMS on of included sequentially a X% is strategically important revenue is software us Communications Corporate XX% And capabilities showing improved to Solutions to and up shown business providing and was Investment were business. providers. and that in
I in the meeting shows what Slide discussed X the ARR that dive the analyst into Please up SAM makes ARR. a for slide securities deep presentation October, at XXXX. reference our
in at from QX $XXX Our accelerated actuals quarter. ARR XX% growth came million a that XXXX year-over-year last
Our starting growing revenue digits year-over-year. with HPE is Aruba to platform traction gain Central triple
also continue which XX% strong in services up see year-over-year. to We GreenLake growth were orders,
XX% year towards we of guidance and offering building ARR on confident motion we focused go-to-market rate are to suite our growth from fiscal fiscal differentiated can consumed XXXX solutions in our a achieving compounded be full as-a-service, year progress XXXX. annual of as-a-service remain XX% that growth to As
outlook $X.XX gross EPS share disciplined of other with favorable shows non-GAAP in income expense. Slide expanding diluted previously to X, per in-line our and execution, performance is earnings and of to provided due margins to-date, $X.XX our QX net $X.XX
of change fiscal QX in year our XXXX OI&E please fiscal growth not This represents year performance does year-over-year our of also, X% outlook. note OI&E XXXX
a to share continue last during XXXX. to $X.XX Meeting, Analyst per we in fiscal headwind Securities As to expect October, be we year $X.XX foreshadowed OI&E
on was tailwinds. to continue of shifted addition a Turning Cray Intelligent and gross X, to deliver to higher cost that year-over-year a Edge Central to year-over-year as XX.X% Hyperconverged margin up expansion the like XXX margins Slide commodity Infrastructure, we significant we the offerings points basis with gross Aruba margin
expenses sales X, acquisition of Slide of R&D fiscal going XXXX since while to from operating investments now long of we're improve optimized term full the we In have Moving of making Cray continued growth. support profits QX QX to year and year XXXX, forward. in strategic operating fiscal quarter beginning profitable the a will be that additional consolidating to
uncertainty quarter, we environment that additional in term are business term us year introduced the near and investments. continuing to protect taking enable in the while our this given critical fiscal XXXX, actions long to make will Furthermore, profitability expand
the impact. Antonio Next As and cash would fiscal HPE program while XXXX incremental original year the savings mentioned, net extend into we maintaining expect
in-line cash to Turning cash seasonality thanks year-over-year. negative $XXX Free operating Slide with flow million flow million in-line with flow was CapEx in benefits declined with the revenue net $XXX X, prior for normal quarter. cash the on QX to planned year, at
cash Please the remember flow half amounts our normal we in then of half second the the of and in seasonality fiscal is significant generate year. free be cash to used first for
returns. a reminder based X, have Slide returns capital and on a evaluating we sheet Now generation cash investments as and solid with process we flow for maintained our a balance disciplined
current $XXX by form million credit we returned an We and with Consistent grade our rating are capital cash of position. committed in return share repurchases to the operating in that QX is commitments, dividends. net our maintaining investment evidenced
profitability. improve enhancing higher of of framework, of our to revenue as-a-service competitive to to and levels provides positioning that our we acquisitions our recurring strategy target with part accelerate value As us and also pivoting capital allocation
of process, investment rigorous valuation, such fit. follow with evaluation dilution, accretion, financial as we strategic and a As consider, impact, any we cognizant size,
supply outlook plan point to fiscal EPS on take uneven $X.XX XX, we Now, and an Slide are time. but in this outlook given our business actions a maintaining increasingly turning $X.XX we our the chain of constraints non-GAAP year XXXX expected the over we're at comfortable as discussed, recovery environment, to of a cost to
conversion potential quarter still provide position the cash uncertainty cycle, cash However, unknown elongated constraints. supply the in sales negative the from a considerable impacts second the some outlook. current due chain there's year we're impact working not and build short on receivables From so our due need expect our term with to cycles to in we the given and levels coronavirus, capital perspective flow to inventory a persisting to
flow flow to Consequently, revise XXXX we to announced management now committed previously end to returning and billion XX% XXXX. We expect policy billion fiscal remain fiscal $X.X is to higher be of to prudent cash capital of from to to that billion year outlook feel XX% our our $X.X $X.X for shareholders it cash to $X.X range year free the at billion. free of
term environment that to while vision priorities Overall, to continue customers. We're and strategic uncertainty an and within we our with navigate new the executing challenges this appropriate introduce strategy quarter. resonating really uneven the make against is progress taking against actions our near
to We portfolio defined to our shift will our long shareholder to and cloud platform, offering by profitable XXXX. returns software edge as and This sustainable, growth ultimately the on a term. focus solutions portfolio drive service for will continue margin full higher delivering our
let’s that, you. up open for with questions. Thank Now it
