International Business Machines Corporation (NYSE:IBM) Morgan Stanley Technology, Media & Telecom Conference Call March 7, 2023 1:25 PM ET Company Participants James Kavanaugh - Senior Vice President and Chief Financial Officer Conference Call Participants Erik Woodring - Morgan Stanley Erik Woodring All right. So I think we are going to get started. We have about half an hour here. So I want to make sure we utilize all the time. Just as a quick – sorry about that. As a quick introduction, my name is Erik W ...

Datadog, Inc. (NASDAQ:DDOG) The Morgan Stanley Technology, Media and Telecom Conference Call March 7, 2023 12:50 PM ET Company Participants Olivier Pomel - CEO David Obstler - CFO Conference Call Participants Sanjit Singh - Morgan Stanley Sanjit Singh All right. Good morning, everyone. Can you hear me? Hello? Test. All right. Testing. Can you hear me? All right. Great. So we're really happy to have the Datadog management team. We have Olivier -- CEO, Olivier Pomel; and CFO, David Obstler. Thank you so much ...

Summary of Lumen Technologies, Inc. Conference Call Company Overview - **Company**: Lumen Technologies, Inc. (NYSE:LUMN) - **Industry**: Telecommunications - **Conference Date**: March 7, 2023 Key Points Company Structure and Market Position - Lumen's business is composed of approximately 80% enterprise and 20% consumer segments [3][4] - The company operates the largest ultra-low loss fiber network globally, with 6 million fiber miles added recently and another 6 million planned [3] - Lumen serves 240 third-party data centers and has 150,000 on-net buildings [3] Strategic Focus and Management Changes - New leadership, including CEO Kate Johnson, aims to shift from an internally-focused strategy to a customer-centric approach [5][6] - The management team has a tech-oriented background, emphasizing innovation and growth rather than efficiency alone [7][8] - Five key priorities for the year include developing customer obsession, innovating for growth, simplifying operations, and fostering a growth mindset culture [8][10] Financial Investments and Growth Strategy - Lumen plans to invest approximately $700 million of free cash flow into digitizing sales processes, expanding network as a service, and automating internal processes [9][10] - The company aims for stable revenue and EBITDA by the end of 2024, with growth expected thereafter [13] Product and Service Development - Lumen is focusing on enhancing product offerings, including edge compute and security solutions like Black Lotus Labs [12][26] - The company is transitioning from legacy products to newer technologies, emphasizing proactive customer engagement [20][21] Consumer Market and Fiber Expansion - Lumen is expanding its fiber network to reach 8 to 10 million homes, currently serving about 3 million [4][30] - The Quantum Fiber product has received positive customer feedback, with a net promoter score (NPS) above 50 [30] - The company is focusing on major metropolitan areas for fiber build-out, facing challenges such as permitting and construction conditions [31][36] Divestitures and Simplification - Recent divestitures in Latin America and other regions were made to streamline operations and focus on core markets [22][24] - The company aims to reduce debt and concentrate investments in areas with growth potential [23][24] Competitive Landscape - Lumen's strategy is to compete primarily against cable providers, leveraging its fiber offerings to regain market share lost to DSL [44] - The company believes its fiber product is superior to cable offerings, providing symmetrical gigabit speeds at competitive pricing [46] Future Outlook - Lumen is optimistic about growth opportunities in both enterprise and consumer segments, with a focus on addressing customer needs and enhancing service delivery [27][28] - The company plans to provide more detailed insights into its growth strategy during an upcoming Investor Day [48] Additional Insights - The management emphasizes the importance of aligning resources and incentives to drive performance and accountability [13][10] - There is a recognition of the need for a cultural shift within the company to prioritize growth over mere efficiency [10][20]

Iron Mountain Incorporated (NYSE:IRM) Morgan Stanley Technology, Media & Telecom Conference March 7, 2023 11:35 PM ET Company Participants Barry Hytinen - CFO Gillian Tiltman - Heah of IR Conference Call Participants Calvin Lam - Morgan Stanley Calvin Lam Okay. Great. Well, it's a little after 8:35, so why don't we begin? First off, my name is Calvin. I lead our communications banking practice at Morgan Stanley. I'm pleased to be joined here today by Iron Mountain, Barry Hytinen, he's the CFO; and Jill Tilt ...

Johnson & Johnson (NYSE:JNJ) Cowen 43rd Annual HealthCare Conference March 7, 2023 11:10 AM ET Company Participants Joe Wolk - EVP and CFO Jessica Moore - VP, IR Conference Call Participants Josh Jennings - Cowen Josh Jennings Josh Jennings from Cowen Medical Devices team. We're moving right through the medical devices track, but we are incorporating some medical device part of a consumer hybrid into this track. And thankfully, with the executive team from Johnson & Johnson. We have Executive Vice President ...

US Bancorp, Inc. (NYSE:USB) RBC Capital Markets Global Financial Institutions Conference March 7, 2023 10:00 AM ET Company Participants Terrance Dolan - CFO Shailesh Kotwal - Vice Chairman, Payment Services Conference Call Participants Gerard Cassidy - RBC Capital Markets Gerard Cassidy Started with our second fireside chat today with the management of U.S. Bancorp. As many of you know, U.S. Bancorp recently completed the Union Bank acquisition. And as a result, it currently has about $675 billion in assets ...

Peloton Interactive, Inc. (NASDAQ:PTON) Morgan Stanley Technology, Media & Telecom Conference March 7, 2023 11:35 AM ET Company Participants Liz Coddington - CFO Conference Call Participants Lauren Schenk - Morgan Stanley Lauren Schenk All right. Good morning, everyone. Thanks for joining us. I'm Lauren Schenk, Morgan Stanley's mid-cap Internet analyst. I'm excited to be joined this morning by Liz Coddington of Peloton CFO. Before we get started, one disclosure on my end, please note that all important disc ...

Qorvo, Inc. (NASDAQ:QRVO) Raymond James 44th Annual Institutional Investors Conference March 7, 2023 10:25 AM ET Company Participants Grant Brown - CFO Doug DeLieto - VP of IR Conference Call Participants Srinivas Pajjuri - Raymond James Srinivas Pajjuri Okay, thanks, everyone. And good morning. I am Srini Pajjuri, I'm the Semiconductor Analyst here. And I want to welcome you to Raymond James Institutional Investor Conference. We have Qorvo with us this morning. From Qorvo, we have Grant Brown, the CFO, and ...

Gilead Sciences, Inc. (NASDAQ:GILD) Cowen 43rd Annual Healthcare Conference March 7, 2023 11:10 AM ET Company Participants Andy Dickinson - Chief Financial Officer Conference Call Participants Tyler Van Buren - TD Cowen Tyler Van Buren Good morning, everyone. Is this slide over? Is there an interference from the speaker? I guess it's just loud. All right. Well, again, good morning. Tyler Van Buren here Senior Biotech Analyst at TD Cowen. Thanks again for coming to TD Cowen's 43rd Annual Healthcare Conferenc ...

Verizon Communications Inc. (NYSE:VZ) Morgan Stanley Technology, Media & Telecom Conference March 7, 2023 11:00 AM ET Company Participants Matt Ellis - Chief Financial Officer Conference Call Participants Simon Flannery - Morgan Stanley Simon Flannery All right. Good morning, everybody, and welcome to Day Two of the TMT Conference. We're delighted you could all join us right on early this morning, and we're particularly happy to have Matt Ellis here today from Verizon. Thanks for joining us again, Matt. I w ...