Thank financial I of you very with much, fiscal quarter start fourth will Antonio. of XXXX. summary a our results for the year
and referencing from $X.X presentation businesses starting & me strongly. in HPC revenue the for that report As with delivered the QX discussed highlights a and to Edge key I sequentially very year return performance pleased usual, X% We pre-pandemic executed be Intelligent highlight of our slide flat revenues quarter to QX performance five. our of marked four, levels. growth as of earnings a now I up billion, slides on discuss period from prior our MCS financial Antonio to this let so am quarter. will slide our the
our We exited as by has during backlog quarter, the QX. also normalize now which returned million $XXX cleared levels to we further
strong Edge, As revenue Storage towards were sequentially profit a QX. $X.X margins positive of grown GAAP non-GAAP all have driven shift result of reported we X% gross Intelligent sequentially performance, sequential up XX.X% which mix growth. billion by the HPC/MCS, gross by in of improved also Non to and revenue
cash XX% $XXX by X.X% expected our operations was operating in that reversal elevated margin up non-GAAP $XXX EPS sequentially. working from Our $X.XX, million, non-GAAP from XX% driven was favorable sequentially, and as guidance, movements up strong in resulting cash was we with profit was of QX. a flow capital Free QX was the line and in backlog the saw our operational million in operating execution. flow
in the per January declaring Finally, of we and $X.XX a QX paid $XXX payable dividend million dividends XXXX. of today are share quarter in
six seven. Now, and in let’s slides highlights our turn segment to
said do we are SAM in October. see, As we you exactly we can what doing at would
our momentum we businesses Edge, doubling Intelligent and Edge down segments Intelligent quarter-over-quarter HPC/MCS, Compute X% Storage. our our In year-over-year continued are of on and and growth core while growth. We XX% of with business stabilizing
to take was campus for which year and in best-in-class wireless wireless share also in our just Magic the Gartner wired We XXth both access portfolio, and switching leader recognized as LAN expect with Quadrant a LAN the infrastructure. for
drove and We operating are productivity also business, business. we beginning XXX year-over-year to as the see of with XX.X%, in profit points basis prior this points operating quarter-over-quarter in investments margin potential of XXX from up greater QX basis this
will billion, HPC so obviously contribution existing going revenue HPC acquisition order forward. well pipeline. but MCS, closed we growing with book performance $X QX, strong by on be XX% Silver more Peak Apollo against a & increased customer levels minimal Cray, had reached and it Peak grew record sequentially Silver near September with and XXst, further meaningful In acceptances XX% in in Finally, executed year-over-year, and healthy We our MCS. driven orders a the
and lumpy this revenue critical milestones. know, profitability to linked business completion customer you can be recognition As with of
While to we digits well originally quoted. up Gross SAM. backlog Compute, at in fulfill backlog decline at we declined QX do way delivering to sequentially, normal and normalizing revenue to also QX operating levels margins orders expect but by to for our was pressured are were QX revenue seasonal cost and see outlined ‘XX, as results XX% In clearing higher conversion. our three-year on CAGR X% low-single X% the we a when had than
notable order improved normalized supply X% improvements backlog array by applications, learning chain storage -- adoption by customer increased by of sequentially report by Storage, revenue has which strong on of driven Within our increased data, driven increase areas and big portfolio. up We related in that returned sequentially dHCI, reduced strength in all-flash operational continued key all-flash backlog digits now pleased the grew we momentum focus execution, execution. XX% up and are quarter-over-quarter grew double AI levels. to to sequentially. Primera XX% machine in We Thanks to driven saw
ending our already this XXX We quarter-on-quarter to total and With is was respect were fiscal included HPC/MCS Pointnext a expanded sequential across which of Operational aligned was Services, on targets. ‘XX up revenue while Storage XX.X% revenue orders basis and segments, which our operating points also margins quarter, X%, X% at basis. SAM up to Compute, down year
per is Compute sequentially, the revenue which even our Financial HPE excluding impact as Services, digits with hardware X% was were sold return approximately strong intensity, was on up strength of COVID solid equity X% levels quarter. impacted which Additionally, up the Storage, our Advisory revenue was Nimble, up the chargeability basis. and on continued Professional quarter-over-quarter, Services, COVID-XX. sequential of be ratio and notable Within in of a growth maintained attach services activity to despite We low-single units financing consulting staff. X% revenue and XX% a volume and up this of In
revenue and Communications sequentially, slightly ratio debt business X.XX%, Our was revenue our our than back X% and XX% Media still was within pre-COVID strong and Corporate Solutions bad up orders loss best-in-class double-digit comfort previous In cash quarter orders in to well returned Investments driven zone, and growth that quarters already in have were collections by this which is levels. Americas. is as higher segment, included our up while
basis by able delivery, to to Additionally, XXX margins were expand cost points operating of our improved quarter-over-quarter. we due
and progress Meeting. cloud-native good Securities true of network that XG eight growing on I make Analyst shows multi-vendor provides as-a-service during telco core our which functions. elaborated in key to continue metrics Slide integration recent our our We business, strategy
XX% year-over-year up Total making America came offering. our ARR million, as-a-service our I We and quarter-over-quarter APJ. pleased XX% report AAS to and by growth. am in at that reported ‘XX strides performance North XX% are $XXX driven representing were year-over-year, in outstanding orders QX great in
how delivering back customer targets progressing very at set continued Our business from towards also XX% to strong and Slide wins, XXXX CAGR where performance strong is ARR EPS of this ‘XX can recent XX% growth to-date, nine highlights Strong ‘XX, of fiscal its a HPE Aruba demand clearly and am QX. fiscal our Central revenue was SAM year revenues from digits execution see double growth SaaS platform grow and QX happy Based at year-over-year. I and to year with SAM trough. sequential on driven reiterated our $X all a revenue in has billion our to $X.X meeting. the in way low QX billion XXXX you operational
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in from combined XX, progress with growth. slide profit optimization growth profit to how for while gross XX% see you plan Moving in improvement operating still can the our delivered the has QX investing cost trough, on
we SAM, prioritization plan, our financial at mentioned and aligning growth strengthen in As cost our while will resources foundation, which areas. critical to excellent optimization making progress are
the deliver of million you ‘XX end ‘XX, quarter, of realized by the to end keep FY year least of of net savings baseline updated quarters. Obviously, on with track the we from being the by ‘XX. savings year most annualized end will upcoming fiscal the at on for As the we in progress rate $XXX fiscal run are this of our
flow $XXX of by but million XXXX. a for of SAM our operations in that in in ‘XX cash the cash movements timing from at we favorability $XXX headwind outlook free year generated fiscal flagged ended million capital we provided cash in with with resulted XX, million of line QX. for working QX, clearing slide to flow flow free backlog Turning driven and was from $XXX quarter, We
where half. a the cash billion. half of Please is stronger our generator we cash of grow XX% than at the expect flow seasonality our second flow to free cash midpoint outlook first flow million of Looking remember to to normal the ‘XX, $X.X over $XXX
of diversified advantage on moving strength a let the everyone in XX, our is liquidity and the position, slide me about competitive sheet to balance which remind environment. Now current
transaction. had our billion $XXX approximately approximately October net of cash, billion million October bonds of XXXX $X.X maturing of quarter revolving facility with of $X.XX paying currently $X $XXX we Peak disposal, for undrawn XXst successfully excuse cash an after Silver of credit Together, at of have cash me, in net billion billion end, closing and liquidity. $X the redeeming our we approximately As
to would on committed I we strong run maintaining and cash liquidity strategy. execute our investment the to continue that ample our position by remain credit invest reaffirmed available our Finally, grade like a rating reiterate in rating, we which have business recently was our Bottomline, to and agencies. to operation,
slide key outlook for and Having our few turning XX, you Meeting, provided we down of encourage Now a fiscal detailed more said that on I our ‘XX a me review discussion would let areas. to year at Analyst outlook that, recent on drill presentation for my Securities to outlook.
normal of a our prior $XXX margin increased the normalizing be $X.XX in QX. to topline XX% improvement midpoint million, per to expect QX to result QX of now somewhat fiscal for due a backlog perspective, excess expect for non-GAAP to the down are This earnings seasonality revenue to mid-single we our in pandemic. our the remain in EPS. after year specifically guidance COVID-XX of share confidence from rebound the ‘XX ‘XX, reduction but a FY to uncertain diluted be with cautious per ‘XX QX and operating saw grow in is improvement, sequential From with to $X.XX More of to in net from to line a we see of QX between by pleased ‘XX $X.XX, continue digits as $X.XX on expect recovery want improvement. We profit ‘XX XX% to pace continue $X.XX we of and gradual non-GAAP share
For with long-term we expect targets our ‘XX, Meeting. fiscal to in our financial to revenue recent Analyst Securities total be CAGR X% of presented a X% in year of line
$X.XX net EPS diluted we of of ‘XX, $X.XX. non-GAAP and expect diluted For EPS to QX $X.XX GAAP net to $X.XX
and So in priorities overall, execution I pleased very performance financial the outlined strategy our quarter and am SAM. with at the against
strong to challenges across our levels have we through reduced year and significant QX well saw in segments. Intelligent very was in strong businesses a normalized rebound unprecedented navigated all a We as increased of business had acceleration growth HPC/MCS. and finish. We this Edge marked customer revenue backlog and and by order fiscal demand saw momentum
core Compute to signs show outlook. momentum to Our to aligned as-a-service and our pointing of Storage is stabilization business and of continues strong our ARR
and returns and been to have We proactive sustainable drive resources This critical core. to our areas strengthening will our the profitable transform financial ultimately in run. foundation aligning growth shareholder for long
look Let me close a proud we to times, by very fiscal reiterating that what ‘XX. forward challenging as accomplished have of we uncertain and very and I am year during team
Now for with that, let’s open it up questions. Thank you.
