NetApp, Inc.'s (NTAP) CEO George Kurian on Q4 2022 Results - Earnings Call Transcript

NetApp, Inc. (NASDAQ:NTAP) Q4 2022 Earnings Conference Call June 1, 2022 5:30 PM ET

Company Participants

Kris Newton - Vice President, Investor Relations

George Kurian - Chief Executive Officer

Mike Berry - Executive Vice President and Chief Financial Officer

Conference Call Participants

Jim Suva - Citigroup

Amit Daryanani - Evercore

Samik Chatterjee - JPMorgan

Bala Reddy - Goldman Sachs

Meta Marshall - Morgan Stanley

Nik Todorov - Longbow Research

Sidney Ho - Deutsche Bank

Tim Long - Barclays

David Vogt - UBS

Simon Leopold - Raymond James

Wamsi Mohan - Bank of America

Aaron Rakers - Wells Fargo

Nehal Chokshi - Northland Capital

Jason Ader - William Blair

Operator

Good afternoon, ladies and gentlemen. Welcome to the NetApp Fourth Quarter and Fiscal Year 2022 Earnings Call. At this time all participants are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will be given at that time.

I would now like to turn the call over to Kris Newton, Vice President, Investor Relations.

Kris Newton

Thank you for joining us. With me today are our CEO, George Kurian; and CFO, Mike Berry. This call is being webcast live and will be available for replay on our website at netapp.com. During today's call, we will make forward-looking statements and projections with respect to our financial outlook and future prospects, such as our guidance for first quarter and fiscal year 2023, our expectations regarding future revenue, profitability and shareholder returns, the value we bring to customers, our ability to drive continued growth in both our Hybrid Cloud and Public Cloud segments and our ability to manage through the current supply chain environment, all of which involve risk and uncertainty.

We disclaim any obligation to update our forward-looking statements and projections. Actual results may differ materially for a variety of reasons, including macroeconomic and market conditions, such as the continuing impact and uneven recovery of the COVID-19 pandemic, including the resulting supply chain disruptions and the IT capital spending environment as well as our ability to gain share in the storage market, grow our Cloud business and generate greater cash flow.

Please also refer to the documents we file from time to time with the SEC and available on our website, specifically our most recent Forms 10-Q and 10-K including in the Management's Discussion and Analysis of Financial Condition and Results of Operations and Risk Factors sections. During the call, all financial measures presented will be non-GAAP unless otherwise indicated. Reconciliations of GAAP to non-GAAP estimates are posted on our website.