Dell Technologies Inc. (DELL) Q3 2023 Earnings Call Transcript

Dell Technologies Inc. (NYSE:DELL) Q3 2023 Results Conference Call November 21, 2022 4:30 AM ET

Company Participants

Rob Williams - Head, IR

Jeff Clarke - Vice Chairman and Co-COO

Chuck Whitten - Co-COO

Tom Sweet - CFO

Tyler Johnson - SVP and Treasurer

Conference Call Participants

Krish Sankar - Cowen and Company

David Vogt - UBS

Tim Long - Barclays

Samik Chatterjee - JP Morgan

Amit Daryanani - Evercore

Aaron Rakers - Wells Fargo

Sidney Ho - Deutsche Bank

Erik Woodring - Morgan Stanley

Steven Fox - Fox Advisors

Ruplu Bhattacharya - Bank of America

Simon Leopold - Raymond James

Toni Sacconaghi - Bernstein

Shannon Cross - Credit Suisse

Jim Suva - Citigroup

Operator

Good afternoon, ladies and gentlemen. And welcome to the Fiscal Year 2023 Third Quarter Financial Results Conference Call for Dell Technologies Incorporated. I’d like to inform all participants that this call is being recorded at the request of Dell Technologies. This broadcast is the copyrighted property of Dell Technologies Incorporated. Any rebroadcast of this information in whole or part without prior written permission of Dell Technologies is prohibited. Following prepared remarks, we will conduct a question-and-answer session. [Operator Instructions]

I would now like to turn the call over to Rob Williams, Head of Investor Relations. Mr. Williams, you may begin.

Rob Williams

Thanks everyone for joining us. With me today are Jeff Clarke, Chuck Whitten, Tom Sweet and Tyler Johnson.

Our earnings materials are available on our IR website and I encourage you to review our materials and presentation which includes additional content to complement our discussion this afternoon. Guidance will be covered on today’s call.

During this call, unless otherwise indicated, all references to financial measures refer to non-GAAP financial measures, including non-GAAP revenue, gross margin, operating expenses, operating income, net income, and diluted earnings per share. A reconciliation of these measures to their most directly comparable GAAP measures can be found in our webdeck and our press release.

Growth percentages refer to year-over-year change unless otherwise specified. Statements made during this call that relate to future results and events are forward-looking statements, based on current expectations. Actual results and events could differ materially from those projected due to a number of risks and uncertainties, which are discussed in our webdeck and our SEC filings. We assume no obligation to update our forward-looking statements.

Now, I’ll turn it over to Chuck.