Illumina, Inc. (NASDAQ:ILMN) Evercore ISI 6th Annual HealthCONx Conference November 28, 2023 10:50 AM ET Company Participants Joydeep Goswami - Chief Financial Officer Salli Schwartz - Vice President, Investor Relations Conference Call Participants Vijay Kumar - Evercore ISI Vijay Kumar [Starts Abruptly] Everyone for joining us this morning. Pleasure to have with us Illumina. From the company, we have CFO Joydeep Goswami and from Investor Relations, we have Salli, and I'm Vijay Kumar, cover Life Science too ...

Editas Medicine, Inc. (NASDAQ:EDIT) 6th Annual Evercore ISI HealthCONx Conference November 28, 2023 1:20 PM ET Company Participants Erick Lucera - CFO Cristi Barnett - Head, Corporate Communications & IR Conference Call Participants Liisa Bayko - Evercore ISI Liisa Bayko Thanks for joining us today for a fireside chat with Editas. My name is Liisa Bayko. I'm a biotech analyst at Evercore ISI, and I'm joined by the team here at Editas. So I'll just turn over. You can do some brief introductions and we'll the ...

The Coca-Cola Company (NYSE:KO) Redburn 2023 CEO Conference November 28, 2023 10:00 AM ET Company Participants John Murphy - President and Chief Financial Officer Conference Call Participants Charlie Higgs - Redburn Operator Great. Good afternoon, everyone, or good morning if you're joining us from the US. I'm delighted to welcome today John Murphy, President and CEO of the Coca-Cola Company to our 2023 Redburn Atlantic CEO Conference. John, thank you very much for joining us. John Murphy Thanks, Charlie. P ...

NXP Semiconductors N.V. (NASDAQ:NXPI) UBS Global Technology Conference Call November 28, 2023 10:15 AM ET Company Participants Kurt Sievers - President and Chief Executive Officer Bill Betz - Executive Vice President and Chief Financial Officer Conference Call Participants Francois-Xavier Bouvignies - UBS Francois-Xavier Bouvignies Okay. Hi, everyone. My name is Francois-Xavier Bouvignies from UBS, covering Semis in Europe, and we're happy to have Kurt, CEO; Bill, CFO; and Jeff, Investor Relations of NXP. A ...

Key Points Company and Industry * **Company**: Open Text Corporation (NASDAQ:OTEX) * **Industry**: Information Management, Content Management, Cybersecurity, IT Operations, Application Development Core Views and Arguments * **Mission**: To power and protect information, ensuring data accessibility, security, and compliance across various systems and regulatory requirements. * **Market Leadership**: OpenText is the market leader in enterprise content management, with IBM's FileNet as the primary competitor. Box is considered a smaller competitor in the content management space. * **Business Segments**: The company operates across six distinct businesses, including content management, business network, cybersecurity, IT operations, and application development. * **Digital Transformation**: OpenText's solutions support digital transformation initiatives, ensuring data accessibility throughout the transformation process. Acquisition of Micro Focus * **Acquisition**: OpenText acquired Micro Focus in January 2023, a move aimed at expanding its market reach and addressing various buying groups within enterprises. * **Benefits**: The acquisition filled gaps in OpenText's offerings, providing solutions for CTOs, application developers, and cybersecurity officers. It also enabled the company to cloudify its products and address faster-growing deployment options. * **Integration**: OpenText expects Micro Focus to achieve organic growth in fiscal 2024, returning to organic growth in fiscal 2025. The company aims to reduce net leverage to less than 3 times by the end of fiscal 2025 or sooner. * **Renewal Rates**: OpenText has improved Micro Focus' renewal rates from the low 80s to the upper 80s, with a target of reaching the mid-90s by fiscal 2025. This improvement is expected to add over $200 million in incremental revenue to the top line. Financial Outlook * **Fiscal 2024**: OpenText expects to achieve a stronger second half of fiscal 2024 compared to the first half, driven by the integration of Micro Focus and the growth of cloud-based products. * **Free Cash Flow**: The company expects free cash flow to ramp up to over $1.5 billion by fiscal 2026, with an uplift of over $5 per share at that point in time. * **Macroeconomic Factors**: OpenText has historically been resilient to macroeconomic factors, with long sales cycles and cloudification benefits. The only notable headwind mentioned is the small and medium business component, which is less than 10% of revenue. AI and Product Roadmap * **AI Integration**: OpenText has integrated AI and machine learning into its product offerings, leveraging its existing content management solutions. * **Generative AI**: The company has introduced new products, including Vertica and IDOL, to support generative AI initiatives. * **Product Roadmap**: OpenText plans to continue expanding its AI product suite, with a focus on content management, vectorization, and large language models. Capital Allocation * **Debt Reduction**: OpenText aims to reduce leverage to less than 3 times by the end of fiscal 2025 or sooner, with a minimum quarterly principal payment of $175 million. * **Capital Allocation**: The company's capital allocation priorities include paying down leverage, maintaining a 20% free cash flow dividend, and potentially reinstating share buybacks as leverage approaches the target level. * **Organic Growth**: OpenText has shifted its focus from M&A to organic growth, targeting a 2% to 4% increase in total organic growth and a 7% to 9% increase in cloud organic growth by fiscal 2026.

Dow Inc. (NYSE:DOW) 2023 Citi's Basic Materials Conference November 28, 2023 11:45 AM ET Company Participants Jim Fitterling - Chairman and CEO Pankaj Gupta - Head of IR Conference Call Participants Patrick Cunningham - Citigroup Patrick Cunningham Good morning, everyone. Appreciate you joining us here today. We're excited to have with us Jim Fitterling, Chairman and CEO of Dow. And in the audience, we have Pankaj Gupta, Head of IR and [Juan Ilaria] from his team. Jim was named CEO of Dow in 2018. He was el ...

Zscaler, Inc. (NASDAQ:ZS) UBS Global Technology Conference Call November 28, 2023 10:55 AM ET Company Participants Jay Chaudhry - CEO, Chairman and Co-Founder Remo Canessa - CFO Conference Call Participants Roger Boyd - UBS Roger Boyd All right. Thank you all for being here. I'm Roger Boyd, I cover cybersecurity here at UBS. Very happy to have the team from Zscaler here, Jay Chaudhry, CEO, Chairman and Co-Founder; and Remo Canessa, Chief Financial Officer. So, thank you, gentlemen, both for being here direc ...

Start Time: 11:45 January 1, 0000 12:50 PM ET Sirius XM Holdings Inc. (NASDAQ:SIRI) 7th Annual Wells Fargo TMT Summit November 28, 2023, 11:45 AM ET Company Participants Jennifer Witz - CEO Conference Call Participants Steven Cahall - Wells Fargo Securities Steven Cahall Great. So for our next fireside, we're joined by Jennifer Witz, CEO of SiriusXM. Jennifer, thanks for joining us. I've had the joy of covering SiriusXM for a number of years and I think this, in my memory is probably the most change that yo ...

Datadog, Inc. (NASDAQ:DDOG) The UBS Global Technology Conference November 28, 2023 11:35 AM ET Company Participants David Obstler - CFO Yuka Broderick - VP, IR & Strategic Finance Conference Call Participants Karl Keirstead - UBS Karl Keirstead Okay, everybody, why don't we get started. I'm Karl Keirstead on the UBS software team. This is my first time on stage. So I'd love to just say how grateful I am for all of you to be here and how fun it is to inherit one of the world's greatest tech conferences. So t ...

PG&E Corporation (NYSE:PCG) PG&E Corporation Business Update Call November 28, 2023 10:30 AM ET Company Participants Jonathan Arnold - Vice President of Investor Relations Patti Poppe - Chief Executive Officer Carolyn Burke - Executive Vice President and Chief Financial Officer Conference Call Participants Shar Pourreza - Guggenheim Partners Nicholas Campanella - Barclays Julien Dumoulin-Smith - Bank of America Ryan Levine - Citi Jeremy Tonet - JPMorgan Michael Lonegan - Evercore ISI David Arcaro - Morgan S ...