Smartest HP2-K31 test preparation with our PDF | braindumps | ROMULUS

Every Pass4sure HP2-K31 practice questions - VCE - examcollection - braindumps and exam prep are added to our Pass4sure exam simulator to best prepare you for the real HP2-K31test - braindumps - ROMULUS

Pass4sure HP2-K31 dumps | HP2-K31 true questions |

HP2-K31 Technical Introduction to the HP Storage(R) SMB Portfolio

Study steer Prepared by HP Dumps Experts HP2-K31 Dumps and true Questions

100% true Questions - Exam Pass Guarantee with tall Marks - Just Memorize the Answers

HP2-K31 exam Dumps Source : Technical Introduction to the HP Storage(R) SMB Portfolio

Test Code : HP2-K31
Test designation : Technical Introduction to the HP Storage(R) SMB Portfolio
Vendor designation : HP
: 98 true Questions

Save your time and money, read these HP2-K31 and remove the exam.
The satisfactory IT exam prep i gain ever near upon. sincerely my HP2-K31 exam is in a few days, but I sense so prepared and reassured, especially now that i gain read complete of the efficacious critiques privilege here. The exam simulator appears to live very beneficial, its antiseptic to dont forget questions and answers, plus, in case you maintain going via them time after time, you inaugurate seeing a larger picture and grasp the ideas higher. to this point, i gain had fantastic revel in with Killexams!

It was first sustain but remarkable Experience!
i gain renewed my membership this time for HP2-K31 exam. I live given my involvement with is so vital it isnt always feasible capitulation through not having a membership. I am able to simply conform with exams for my exam. just this web site can help me obtain my HP2-K31 accredition and assist me in getting above ninety five% marks inside the exam. You complete are certainly making an outstanding displaying. preserve it up!

Very facile to bag certified in HP2-K31 exam with these .
As I long gone thru the road, I made heads flip and every lone individual that walked beyond me changed into lookingat me. The judgement of my unexpected reputation turned into that I had gotten the pleasant marks in my Cisco test and every person turned into shocked at it. i used to live astonished too but I knew how such an success changed intopossible for me without QAs and that became complete because of the preparatory instructions that I took in They were consummate enough to get me fulfill so appropriate.

Shortest questions that works in true test environment.
The are the tremendous product as its miles every smooth to expend and smooth to prepare thrutheir extraordinary Dumps. In lots of methods it inspired me, its miles the device which I used each day for my gaining erudition of. The manual is suitable for the making ready. It helped me to fulfill a high-quality marks inside the final HP2-K31 exam. It gives the understanding to fulfill higher inside the exam. Thank you very for the extremely edifying help.

Right site to find HP2-K31 dumps paper.
I used to live very dissatisfied once I failed my HP2-K31 exam. Searching the internet told me that there can live a website thats the belongings that I necessity to pass the HP2-K31 exam within no time. I purchase the HP2-K31 steering percent.Containing questions answers and exam simulator, organized and remove a seat inside the exam and gotninety 8% marks. Thanks to the team.

Do you want true qustions and answers ultra-modern HP2-K31 exam to bypass the exam?
I got a excellent give up result with this bundle. Extremely edifying fine, questions are redress and that i got most of them on the exam. After i gain handed it, I recommended to my colleagues, and actually each person passed their exams, too (a number of them took Cisco test, others did Microsoft, VMware, and lots of others). I gain no longer heard a lousy test of, so this necessity to live the remarkable IT schooling you may presently ascertain online.

What remove a eye at manual finish I necessity to prepare to pellucid HP2-K31 examination?
its far a captains process to induce the ship much relish its far a pilots job to induce the plane. This may live called my captain or my pilot as it prompt me in to the privilege course before my HP2-K31 check and it became their instructions and steering that were given me to result the privilege direction that in the discontinuance lead me to success. i used to live very a hit in my HP2-K31 test and it changed into a second of glory for which i can for complete time continue to beobliged to this on line examine center.

Get these and chillout!
Passing the HP2-K31 gain become long due as i was exceedingly diligent with my office assignments. However, while i discovered the query & respond by way of the, it absolutely inspired me to remove on the check. Its been sincerely supportive and helped smooth complete my doubts on HP2-K31 subject matter. I felt very joyous to pass the exam with a huge 97% marks. Awesome fulfillment certainly. And complete credit is going to you for this first rate assist.

am i able to find state-of-the-art dumps Q & A brand current HP2-K31 exam?
Nice..I cleared the HP2-K31 exam. The question bank helped a lot. Very useful indeed. Cleared the HP2-K31 with 95%.I am confident everyone can pass the exam after completing your tests. The explanations were very helpful. Thanks. It was a remarkable sustain with in terms of collection of questions, their interpretation and pattern in which you gain set the papers. I am grateful to you and give complete credit to you guys for my success.

making ready HP2-K31 examination with is live counted modern some hours now.
It discontinuance up very encourging sustain with team. They knowledgeable me to attempt their HP2-K31 exam questions once and forget failing the HP2-K31 exam. First I hesitated to apply the material due to the fact I frightened of failing the HP2-K31 exam. However once I instructed by the expend of my friends that they used the exam simulator for thier HP2-K31 certification exam, i bought the coaching %.. It became very reasonably-priced. That changed into the number one time that I elated to apply guidance material once I were given a hundred% marks in my HP2-K31 exam. I in veracity esteem you team.

HP Technical Introduction to the

2020 Mercedes-Benz V-class | true Questions and Pass4sure dumps

a few engines can live fitted this 12 months on the V-classification, however the most essential addition is the four-cylinder OM 654 diesel that has made its system to the latitude.

For the V-category, this unit will live offered on two variants, the V 250 d and V 300 d. the previous develops a hundred ninety hp and 440 Nm of torque and the latter 239 hp and 500 Nm of torque.

in line with Mercedes, the unit outfitted within the V 250 d wants 13 p.c less gasoline to cover the identical distance compared to its predecessor - 6.3-5.9 l/100 km, combined CO2 emissions 165-154 g/km.

As a novelty, the V-classification will not live using the 7-speed transmission within the develope era however will change to a 9-pace one. Three constrain modes might live obtainable: comfort, recreation and M.

As normal, the brand current V-classification should live offered as a rear-wheel pressure, but upon request the model can live shipped with permanent all-wheel pressure.

For the more efficacious engine of both, the V 300 d, efficiency figures stand at 7.9 seconds acceleration time and a exact pace of 220 km/h.

Is tremendous-scale 3D Printing Sustainable? | true Questions and Pass4sure dumps

Feb 07, 2019 (3BL Media via COMTEX) -- source:HP, Inc.

With the introduction of its personal 3D printing hardware line, dubbed Multi Jet Fusion (MJF), HP is anticipated to rotate into a massive participant in the AM ecosystem as well.

"Our Multi Jet Fusion printers gain been created to live round and sustainable appropriate from the delivery," says Nate Hurst, HP's chief sustainability and convivial gain an impact on officer. "for example, each of the plastics which are used--PA12 and PA11--can too live recycled, each as a powder and as a broadcast half. HP's 3D excessive Reusability PA12, which is developed to allow reuse of surplus powder batch after batch, can provide constant efficiency whereas reaching eighty% surplus powder reusability. additionally, they lately launched a PA11 fabric this is a a hundred% bio-based content polymer derived from the oil of the castor bean. Castor beans are non-GMO, require limited irrigation and are naturally pest- and drought-resistant."

Sustainable and powerful

In April 2018, HP introduced an initiative called "Reinventing HP with Multi Jet Fusion." The company says it plans to "leverage its own 3D printing technology to lessen prices, velocity time to market, raise consumer satisfaction and enhance sustainability." for that reason, "HP is using Multi Jet Fusion across its print, personal techniques and 3D printing company units."

"In some cases, they gain been capable of replace metals or other plastic alloys, with a lone cloth that can live absolutely recyclable and touchstone much less mass," Hurst says. "using 3D printing to get ingredients for their personal HP Latex printers, we've replaced an aluminum allotment with a 3D-manufactured nylon part, resulting in a ninety three% lower in weight, a 95% reduction in GHG [greenhouse gas] emissions and a charge discount of fifty%."

examine the complete article and reserve privilege here

Tweet me:Now that #3dprinting has moved from prototype to a way of mass production, what role will it play in @HP's blueprint to construct a greater sustainable product line and future? by using @KennethwongSF for @DEeditor

key terms: 3d printing, HP, HP Inc., Nate Hurst HP's chief sustainability and convivial impact officer, Nate Hurst, Reinventing HP with Multi Jet Fusion, Kenneth Wong, digital engineer, Charting the Environmental Dimensions of Additive Manufacturing and 3D Printing, Digital facile Synthesis (DLS)

Volvo blurs the wagon/SUV line with the V60 pass country | true Questions and Pass4sure dumps

LULEÅ, Sweden -- Volvo purposely blurs the line between a station wagon and SUV with the V60 plug country because that is what has made the zone of interest mannequin generic with a loyal group of buyers, who are expected to proceed to account for one-fourth to one-third of simple earnings for the V60 latitude.

Volvo says these customers gain historically favorite to face other than these americans who buy the Swedish automaker’s more suitable-promoting V60, a basic wagon, and XC60, a simple SUV.

it's as a result of Volvo says its research shows V60 plug country buyers want the practicality and house of a wagon with the go-anyplace credentials of an SUV, talked about Agneta Jildén, who is Volvo’s industry mission supervisor for complete 60-collection fashions except the XC60. one way that Volvo instantly distinguishes the models is by way of ground clearance. The V60 plug nation is 210mm off the ground in comparison with 142mm for the V60 and 216mm for the XC60.

all through a presentation of the motor vehicle privilege here within the ice- and snow-coated northern allotment of Volvo’s home market, Jildén informed automobile information Europe that the people who pick the V60 pass country are usually self-employed specialists who cherish their time outdoors doing issues such as mountain biking, rock mountain climbing, kayaking, or snowboarding.

Jildén talked about V60 cross nation consumers respect that the car may too live pushed to toil complete week however nonetheless has the credentials to tackle rugged terrains, equivalent to a frozen lake or roads blanketed with snow, and brutal conditions corresponding to temperatures as low as -27 Celsius, as turned into the case complete the way through trying out of the automobile by way of journalists final week.

Robert Lilja, a mission leader within Volvo’s vehicle propulsion controls team, observed that the V60 plug County can wield tough roads and tricky climate because along with its all-wheel drive it has a few different commonplace facets which are handiest within the XC60.

One is the addition of the Off-highway driving mode to a selection of options that contains comfort, Dynamic and Eco. Off-road will too live used at hurries up to forty kph. during this mode, the motor vehicle senses when it might bag caught, above complete if the motive constrain accelerates very impulsively to bag out of a tricky condition. as a substitute of spinning its wheels, the vehicle is programed to immediately supply the appropriate quantity of vigor and torque to bag out of a tough spot.

one other common characteristic in the V60 cross nation is Hill Descent handle, which allows the driving constrain to set the speed, as much as 30 kph, to gain a controlled drive down very abrupt drops.

remaining year Volvo sold a mixed 34,219 devices of the first-generation V60 and V60 pass country, with 11,593 or 33 % of these income coming from Volvo’s zone of interest mannequin, which is basically sold to americans dwelling within the suburbs of the Nordic countries (Denmark, Finland, Iceland, Sweden and Norway) and the northeastern allotment of the U.S..

Obviously it is hard assignment to pick solid certification questions/answers assets concerning review, reputation and validity since individuals bag sham because of picking incorrectly benefit. ensure to serve its customers best to its assets concerning exam dumps update and validity. The vast majority of other's sham report objection customers near to us for the brain dumps and pass their exams cheerfully and effectively. They never trade off on their review, reputation and quality because killexams review, killexams reputation and killexams customer conviction is vital to us. Uniquely they deal with review, reputation, sham report grievance, trust, validity, report and scam. In the event that you view any wrong report posted by their rivals with the designation killexams sham report grievance web, sham report, scam, dissension or something relish this, simply recollect there are constantly terrible individuals harming reputation of edifying administrations because of their advantages. There are a remarkable many fulfilled clients that pass their exams utilizing brain dumps, killexams PDF questions, killexams hone questions, killexams exam simulator. Visit, their specimen questions and test brain dumps, their exam simulator and you will realize that is the best brain dumps site.

Back to Braindumps Menu

LOT-408 true questions | 9A0-062 brain dumps | 1Z0-628 study guide | 250-251 drill questions | JN0-330 brain dumps | ABEM-EMC dump | C2040-928 free pdf | 000-638 drill questions | HP0-S11 questions answers | C2150-612 study guide | E20-895 exam questions | HP3-L05 cram | 1Z0-448 drill test | 310-232 drill test | 650-082 braindumps | 000-006 test prep | 9L0-837 braindumps | C5050-300 bootcamp | 700-301 test prep | C9550-412 questions and answers |

Pass4sure HP2-K31 drill Tests with true Questions encourages a huge number of applicants pass the exams and bag their affirmations. They gain a huge number of efficacious testimonials. Their dumps are dependable, shoddy, up and coming and of genuinely fine uncommon to conquer the issues of any IT confirmations. exam dumps are present day refreshed in quite outmaneuver way on simple premise and material is discharged occasionally.

We provide true HP2-K31 pdf test Questions and Answers braindumps in 2 arrangements. PDF version and exam simulator. Pass HP HP2-K31 true test quickly and effectively. The HP2-K31 braindumps PDF type is accessible for downloading and printing. You will live able to print your HP2-K31 study steer and prepare for the exam while on vacation or travelling. Their pass rate is tall to 98.9% and too the equivalence rate between their HP2-K31 study steer and true test is 99% in light of their seven-year teaching background. Does one want successs within the HP2-K31 exam in mere one attempt? Straight away plug for the HP2-K31 true exam questions. The sole issue that's in any means necessary here is passing the HP2-K31 - Technical Introduction to the HP Storage(R) SMB Portfolio test. complete that you just necessity will live a tall score of HP HP2-K31 exam. The simply one chore you gain got to finish is downloading braindumps of HP2-K31 exam from and start memorizing the answers of questions. They are not letting you down as they already guaranteed the success. The specialists likewise uphold step with the foremost up and returning test thus on provide the larger allotment of updated dumps. 3 Months free access to updates is provided from the date of purchase. every one will stand the charge of the HP2-K31 exam dumps through at an occasional value. Often there's a markdown for anybody all. Discount Coupons and Promo Codes are as under; WC2017 : 60% Discount Coupon for complete exams on website PROF17 : 10% Discount Coupon for Orders larger than $69 DEAL17 : 15% Discount Coupon for Orders larger than $99 SEPSPECIAL : 10% Special Discount Coupon for complete Orders

At, they give totally studied HP HP2-K31 getting ready resources which are the best to pass HP2-K31 exam, and to bag asserted by HP. It is a best selection to animate your employment as a specialist in the Information Technology industry. They are satisfied with their reputation of helping people pass the HP2-K31 test in their first undertakings. Their thriving rates in the past two years gain been totally extraordinary, as a result of their cheery customers who are presently prepared to induce their livelihoods in the most optimized blueprint of attack. is the primary selection among IT specialists, especially the ones who are planning to climb the movement levels faster in their individual affiliations. HP is the industry pioneer in information development, and getting avowed by them is a guaranteed way to deal with win with IT jobs. They empower you to finish correctly that with their brilliant HP HP2-K31 getting ready materials.

HP HP2-K31 is omnipresent complete around the world, and the industry and programming courses of action gave by them are being gotten a wield on by each one of the associations. They gain helped in driving an extensive number of associations on the without question shot system for success. Expansive learning of HP things are seen as a basic capacity, and the specialists confirmed by them are uncommonly regarded in complete affiliations.

We give honest to goodness HP2-K31 pdf exam question and answers braindumps in two plans. Download PDF and drill Tests. Pass HP HP2-K31 true Exam quickly and viably. The HP2-K31 braindumps PDF sort is available for examining and printing. You can print progressively and drill usually. Their pass rate is tall to 98.9% and the similarity rate between their HP2-K31 syllabus prep manage and certifiable exam is 90% in light of their seven-year instructing foundation. finish you require achievements in the HP2-K31 exam in just a lone attemp? I am at the present time analyzing for the HP HP2-K31 true exam.

As the main thing that is in any capacity faultfinding here is passing the HP2-K31 - Technical Introduction to the HP Storage(R) SMB Portfolio exam. As complete that you require is a tall score of HP HP2-K31 exam. The only a solitary thing you necessity to finish is downloading braindumps of HP2-K31 exam prep coordinates now. They will not let you down with their unrestricted guarantee. The specialists in relish manner uphold pace with the most best in class exam to give most of updated materials. Three Months free access to gain the competence to them through the date of purchase. Every candidate may stand the cost of the HP2-K31 exam dumps through requiring limited to no effort. There is no risk involved at all..

Inside seeing the bona fide exam material of the brain dumps at you can without a lot of an extend develop your claim to fame. For the IT specialists, it is basic to enhance their capacities as showed by their toil need. They get it basic for their customers to carry certification exam with the help of confirmed and honest to goodness exam material. For an awesome future in its domain, their brain dumps are the best decision.

A best dumps creating is a basic segment that makes it straightforward for you to remove HP certifications. In any case, HP2-K31 braindumps PDF offers settlement for candidates. The IT assertion is a faultfinding troublesome attempt if one doesnt find genuine course as obvious resource material. Thus, they gain genuine and updated material for the arranging of certification exam.

It is fundamental to collect to the steer material in case one needs toward deliver time. As you require packs of time to eye for revived and genuine exam material for taking the IT certification exam. If you find that at one place, what could live better than this? Its simply that has what you require. You can deliver time and maintain a strategic distance from wretchedness in case you buy Adobe IT certification from their site.

You should bag the most revived HP HP2-K31 Braindumps with the redress answers, which are set up by specialists, empowering the likelihood to understand finding out about their HP2-K31 exam course in the best, you will not find HP2-K31 consequences of such quality wherever in the market. Their HP HP2-K31 drill Dumps are given to candidates at performing 100% in their exam. Their HP HP2-K31 exam dumps are latest in the market, enabling you to prepare for your HP2-K31 exam in the privilege way.

If you are possessed with viably completing the HP HP2-K31 exam to start obtaining? has driving edge made HP exam tends to that will guarantee you pass this HP2-K31 exam! passes on you the most correct, present and latest revived HP2-K31 exam questions and open with a 100% genuine guarantee ensure. There are numerous associations that give HP2-K31 brain dumps yet those are not exact and latest ones. Course of action with HP2-K31 current request is a most consummate way to deal with pass this certification exam in basic way. Huge Discount Coupons and Promo Codes are as under;
WC2017 : 60% Discount Coupon for complete exams on website
PROF17 : 10% Discount Coupon for Orders greater than $69
DEAL17 : 15% Discount Coupon for Orders greater than $99
DECSPECIAL : 10% Special Discount Coupon for complete Orders

We are notified that an imperative issue in the IT industry is that there is unavailability of significant worth prep materials. Their exam preparation material gives complete of you that you should remove an certification exam. Their HP HP2-K31 Exam will give you exam question with confirmed answers that reflect the genuine exam. These request and answers give you the sustain of taking the honest to goodness test. tall bore and impetus for the HP2-K31 Exam. 100% confirmation to pass your HP HP2-K31 exam and bag your HP attestation. They at are made plans to empower you to pass your HP2-K31 exam with tall scores. The chances of you fail to pass your HP2-K31 test, in the wake of encountering their sweeping exam dumps are for complete intents and purposes nothing.

HP2-K31 Practice Test | HP2-K31 examcollection | HP2-K31 VCE | HP2-K31 study guide | HP2-K31 practice exam | HP2-K31 cram

Killexams 920-463 VCE | Killexams 650-296 drill questions | Killexams 310-200 test prep | Killexams 850-001 drill questions | Killexams JK0-U11 braindumps | Killexams HP0-J41 braindumps | Killexams COG-320 cram | Killexams TB0-115 dumps | Killexams HP0-J34 cheat sheets | Killexams HP0-D07 drill test | Killexams 9A0-094 exam prep | Killexams 920-551 true questions | Killexams 70-523-CSharp pdf download | Killexams HP2-K21 dumps questions | Killexams NBRC drill Test | Killexams EE0-411 drill exam | Killexams HP0-761 true questions | Killexams 920-216 study guide | Killexams HP2-B11 braindumps | Killexams A2090-558 free pdf | huge List of Exam Braindumps

View Complete list of Brain dumps

Killexams HP2-N41 exam questions | Killexams 000-124 cheat sheets | Killexams C2010-506 free pdf | Killexams 000-587 brain dumps | Killexams 1Z0-462 study guide | Killexams CA-Real-Estate test prep | Killexams 1Z1-238 study guide | Killexams 190-823 exam prep | Killexams HP0-M36 pdf download | Killexams 7765X questions and answers | Killexams HP0-207 free pdf | Killexams 000-055 drill test | Killexams LOT-982 drill questions | Killexams 77-604 bootcamp | Killexams JN0-347 brain dumps | Killexams I10-003 exam prep | Killexams SC0-471 dump | Killexams 9A0-365 drill Test | Killexams TB0-111 drill test | Killexams HP2-Z06 drill test |

Technical Introduction to the HP Storage(R) SMB Portfolio

Pass 4 confident HP2-K31 dumps | HP2-K31 true questions |

Nexenta Extends uphold for VMware Environments via VMware Virtual SAN 6.2 | true questions and Pass4sure dumps

SANTA CLARA, Calif.--(BUSINESS WIRE)--Nexenta (@Nexenta), the global leader in Open Source-driven Software-Defined Storage (OpenSDS) today announced the company has extended its uphold of VMware Hyper-Converged Software environments via interoperability with VMware’s newly announced Virtual SAN 6.2. NexentaConnect for VMware Virtual SAN provides file services for VMware Virtual SAN environments by adding NFS and SMB access on top of an existing Virtual SAN to complete the software hyper-convergence model.

Nexenta, in partnership with VMware, has too extended its exclusive promotion, allowing any validated VMware Virtual SAN customer to achieve file services via NexentaConnect. The promotion is available through June 30, 2016 and includes a NexentaConnect for VMware Virtual SAN license, unlimited raw storage capacity to match VMware Virtual SAN licenses and day-zero Nexenta technical uphold for 12 months.

“The introduction of VMware Virtual SAN 6.2 is yet another illustration of VMware’s commitment to driving innovation in virtualized environments,” said Thomas Cornely, Chief Product Officer at Nexenta. “VMware provides an model platform for their software-defined solutions, and together, they are delivering flexibility, simplicity and lower cost of ownership for the software-defined data center.”

VMware Virtual SAN is an enterprise-class, policy-driven storage solution for hyper-converged infrastructure optimized for vSphere virtual machines, delivering an efficient and cost-effective operational model. VMware Virtual SAN 6.2 will build upon these benefits by further lowering the cost of high-performance, all-flash hyper-converged infrastructure solutions with current space efficiency features that involve data deduplication, data compression and erasure coding.

“We gain been impressed by Nexenta’s dedication to delivering unparalleled technical uphold and their competence to leverage their existing VMware environments,” said Igor Tsinovoy, IT Specialist at SCIEX. “NexentaConnect for VMware Virtual SAN provided a cost-effective, high-performance solution to meet their storage needs in supporting complicated science and research labs.”

"With VMware Virtual SAN and Nexenta's plugin for file services they were able to deploy a complete hyper-converged solution. They eye forward to continuing their cooperation with Nexenta as they expand their software-defined storage portfolio," said Yuri Andamasov, CIO at Sentrium.

Nexenta’s uphold for VMware ecosystems extends beyond NexentaConnect for VMware Virtual SAN, offering VMware interoperability across its entire OpenSDS portfolio. NexentaStor, the company’s flagship SDS solution, offers vSphere APIs for Array Integration (VAAI) uphold and multi-tenant management with a vCenter Server Plug-in for vSphere. NexentaEdge offers scale-out screen storage with inline deduplication and compression for OpenStack and VMware vSphere.

“Nexenta joins us in providing organizations with the freedoms that virtualized environments allow,” said Howard Hall, senior director, Global Technology confederate Organization, VMware. “Coupled with their enhanced VMware Virtual SAN solution, NexentaConnect will strike the poise of high-performance and low cost that enterprise data ecosystems demand.”

Tweet this: .@nexenta extends promotion and uphold for @VMware environments via #NexentaConnect integration with Virtual SAN 6.2 #OpenSDS #OpenSDx

About Nexenta

Nexenta is the global leader in Open Source-driven Software-Defined Storage (OpenSDS) with 6,000+ customers, 400+ partners, 46,000+ community members, 40+ patents, and 1,400+ petabytes of storage capacity under management. Nexenta has redefined the storage industry via its unique dual leadership in Open Source community collaboration and Software-Defined Storage innovation. Nexenta OpenSDS solutions are "100% Software." Nexenta supports any app-, cloud-, protocol-, and hardware-platform; providing organizations with the "Total Freedom" to fight against predatory vendor lock-in. Nexenta provides organizations with the benefits of Software-Defined Everything-centric Cloud Computing – from data centers to discontinuance users; from the infrastructure to apps. Nexenta enables the widest variety of legacy, Windows, web, virtual, and cloud-native apps; supporting any affluent media-driven Mobile and convivial Living, Internet of Things, gigantic Data-driven Commercial Off The Shelf (COTS) and/or Do-It-Yourself (DIY) Cloud deployment – from Private and Public to Hybrid Clouds. Founded around an "Open Source” platform and industry-disrupting vision, Nexenta delivers its award-winning "software-only unified storage management" solutions with 24x7 consulting, service, support, and a global confederate network, including Cisco, Citrix, Dell, Docker, HP, Micron, OpenStack, Quanta, SanDisk, Seagate, Supermicro, VMware, Western Digital, Wipro, and many others. Nexenta: 100% Software. Total Freedom. complete Love.

For more information, visit,, Twitter, Facebook, LinkedIn and YouTube. Also, download the newly published Nexenta Special Edition Software Defined Data Centers (SDDC) for Dummies eBook.

Nexenta, NexentaStor, NexentaConnect, NexentaEdge and NexentaFusion are trademarks or registered trademarks of Nexenta Systems Inc., in the United States and other countries.

VMware, Virtual SAN, vSphere, vCloud, and vCloud Air are registered trademarks or trademarks of VMware, Inc. or its subsidiaries in the United States and other jurisdictions. complete other marks and names mentioned herein may live trademarks of their respective companies. The expend of the word “partner” or “partnership” does not imply a legal partnership relationship between VMware and any other company.

Tech Data Corporation (TECD) CEO Richard Hume on Q3 2019 Results - Earnings convoke Transcript | true questions and Pass4sure dumps

No result found, try current keyword!These results reflect a powerful combination of their end-to-end portfolio ... both SMB and enterprise customers that can help them to develop, expand and accelerate their cloud practices. During fiscal ...

Tech Data Corporation (TECD) Q3 2019 Earnings Conference convoke Transcript | true questions and Pass4sure dumps

Image source: The Motley Fool.

Tech Data Corporation (NASDAQ: TECD)Q3 2019 Earnings Conference CallNov. 29, 2018, 9:00 a.m. ET

Good morning. Welcome to Tech Data Corporation's Fiscal Year 2019 Third Quarter Earnings Conference Call. At this time, complete participants are in listen-only mode. After the presentation, they will conduct a question-and-answer session. To expect a question, tickle press "*1". Today's conference is being recorded. If you gain any objections, you may disconnect at this time.

Now, I'll rotate the meeting over to Arleen Quinones, Corporate Vice President of Investor Relations. Ma'am, you may begin.

Thank you. edifying morning and welcome to Tech Data's Earnings Conference convoke and Webcast to review their pecuniary results for the third quarter of fiscal year 2019. I am joined this morning by affluent Hume, Chief Executive Officer, and Chuck Dannewitz, Executive Vice President, Chief pecuniary Officer.

For a minute eye at their third quarter results, tickle review their pecuniary highlights summary slide presentation posted this morning on the IR portion of their website, located at Unless otherwise specified, complete growth comparisons made on today's convoke relate to the corresponding era of the previous fiscal year.

Before they begin, I would relish to remind complete listeners that today's earnings press release and certain matters discussed on this convoke may involve forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on the company's current expectations and are subject to risks and uncertainties. These risks and uncertainties include, but are not limited to, those factors identified in the press release and in their filings with the Securities and Exchange Commission and their most recent annual report on profile 10-K, which identify risk factors that could cause actual results to differ materially from those contained in the forward-looking statements.

Please live advised that the statements made during today's convoke should live considered to limn the expectations of management as of the date of this call. The company undertakes no duty to update any forward-looking statements to actual results or changes in expectations.

Also, throughout this conference call, they will reference both GAAP and non-GAAP pecuniary measures. Non-GAAP measures exclude certain items contained in their GAAP pecuniary results. minute reconciliations between results reported in accordance with GAAP and non-GAAP pecuniary measures can live institute in the press release and on the Investor Relations portion of the company's website.

In addition, this convoke is the property of Tech Data and may not live recorded or rebroadcast without specific written consent from the company.

Thank you, Arleen, and edifying morning, everyone, and thank you for joining us today. I am pleased to report that their teams delivered a sturdy Q3 performance with remarkable execution across complete three regions. Worldwide sales grew 11% to $9.3 billion and they achieved tall double-digit non-GAAP operating income earnings-per-share growth. complete three regions posted double-digit growth in constant currency and expanded their operating margins. In addition, they generated $155 million in cash from operations, they earned a recrudesce on invested capital of 12%, paid down $100 million in debt, and returned $44 million to their shareholders through participate repurchases.

The combination of sturdy economies and employment levels, as well as the necessity for businesses of complete sizes to digitally transform and help productivity, continued to drive robust IT demand. Their worldwide teams capitalized on these trends and delivered profitable growth throughout their geographies and across their solutions portfolios. These results reflect the powerful combination of their end-to-end portfolio and sturdy execution by their global teams. They too validate the strategic role they play in the IT supply chain, delivering tall value through their end-to-end portfolio to channel partners across a broad spectrum of IT products and solutions.

On ultimate quarter's call, I mentioned the major integration milestones are now behind us. They are now squarely focused on executing their four-pillar strategy of investing in next-generation technologies, strengthening their end-to-end portfolio, transforming Tech Data digitally, and optimizing their global footprint. Their strategy's theme can live summarized in four simple words: affecting to higher value.

This can live accomplished in a number of ways, including helping to bring the newest and most innovative technologies to the global market as efficiently and as quickly as possible. It too means affecting up the stack, adding more value to the products they sell by bundling them with various services to provide complete solutions. complete this translates into an improved pecuniary profile.

As technology transitions to hybrid environments in which physical and virtual computing coexist, their vendors and customers necessity their help more than ever to bag products, solutions, and capabilities to the market. It's pellucid that cloud creates greater necessity for integration of products, for multi-vendor solutions, and for simplifying the complex, complete of which are hallmarks of Tech Data's value proposition in both the physical and virtual worlds.

For the past 40+ years, they gain transformed and adapted to changes in technology, complete while becoming stronger and more essential to both partners and vendors. As they plug into the future, having the privilege digital platforms will live faultfinding in achieving this. So, I'd relish to provide you with some insights on their cloud industry and the StreamOne digital platform which supports it.

Cloud continues to live one of the fastest growing areas in their business. In Q3, their cloud billings grew 38% and now limn an annual evade rate of nearly $1 billion. As you know, we've been investing in their StreamOne platform. In fact, developing the platform has been their lone largest organic investment.

StreamOne provides their customers with the capability to manage the entire end-user lifecycle for consumption and subscription-based cloud services, including tools and resources that enable channel partners to buy and manage services. Tightly integrated with other offerings from the world's leading cloud providers, such as Microsoft Azure, AWS, and IBM Cloud, among many others, StreamOne provides a digital platform for both SMV and enterprise customers that can help them to develop, expand, and accelerate their cloud practices.

During fiscal 2019, they will gain added more than 200 highly technical resources to their cloud teams across the regions. These colleagues are dedicated to increasing their sales, digital solutions, engineering support, and services capabilities. In addition, they continued to invest and add resources to expand StreamOne's capability to broaden their reach, accelerate innovation, and get the complicated simple by fully digitizing the end-to-end transactional process.

Last month, they announced the introduction of Agile methodologies to their Cloud drill Builder, their digital enablement utensil that helps customers of complete sizes to develop and scale their cloud practices quickly and cost-effectively. To complement this, they too launched a cloud mentor program in which resellers can gain digital access to cloud experts and support. And just ultimate week, they announced the addition of Cloud Checker and Analytics Management to the StreamOne platform, giving their partners and their end-user customers greater control of their AWS and Azure environments.

Enablement tools such as these, together with their StreamOne platform and the vast ecosystem of vendors, ISVs, and solution providers, differentiate us in the market and help to simplify their partners' workloads. complete of this positions us to live the leading hybrid cloud solution aggregator by providing integrated private and public cloud technologies as a service solution.

As further evidence of their strategic position in the channel, earlier this month, Tech Data received Cisco's Distributor of the Year award and they were too named CDW's Distribution confederate of the Year for the third consecutive year. These awards reflect their competence to deliver consistent value to their channel partners, value that is simply not measured in products and solutions that they delivered but, more importantly, measured by the people of Tech Data and their vehement commitment and fire to help their channel partners navigate the rapidly changing IT ecosystem and grow their businesses.

In summary, their third quarter results demonstrate that their differentiated end-to-end portfolio, skills, and capability are helping to expand their position as a preferred confederate to the world's leading technology vendors and to serve their customers better than any other IT distributor. They too betray the enhanced pecuniary profile of the current Tech Data, delivering sturdy earnings growth, generating cash flow, and recrudesce on invested capital. As they eye ahead, they will remain disciplined in managing their growth and pursuing opportunities aligned with their strategy of affecting to higher value.

In uphold of this, we're focused on the following. First, remixing their portfolios by de-selecting less profitable, capital-intensive businesses in order to enhance their pecuniary profile and free up capital to invest in higher recrudesce opportunities. Second, continuing to optimize their cost structure in order to maintain their position as a low-cost, variable route to market. And, third, as remarkable stewards of capital, we're focused on working capital management and cash generation in order to accelerate their strategy. Achieving this, they believe, will deliver industry-leading returns on invested capital and continue to create significant value for their shareholders.

I'll now rotate the convoke over to Chuck for a minute discussion of their Q3 financials and their outlook for Q4.

Charles V. Dannewitz -- Executive Vice President and Chief pecuniary Officer

Thank you, Rich. edifying morning, everyone, and thank you for joining us today. As affluent mentioned, they are very pleased with their Q3 results and with the sturdy execution throughout their regions.

Worldwide sales came in ahead of the tall discontinuance of their guidance, reaching $9.3 billion, an augment of 11%, and 12% in constant currency. Worldwide uncouth profit came in at $557 million, an augment of 6%. Worldwide uncouth margin was 5.96% compared to 6.23% in the prior-year quarter. The year-over-year decline is primarily due to a higher mingle of endpoint solutions, as well as a decline in the margin profile of advanced solutions. However, it's valuable to note that their continued focus on disciplined pricing and profitable sales resulted in a modest uncouth margin improvement from Q2, their first sequential uncouth margin improvement in five quarters.

Non-GAAP SG&A expenses, which exclude $23 million of acquisition-related intangibles and amortization expense, decreased $22 million or 6%. As a percentage of sales, non-GAAP SG&A expenses declined 67 basis points. They want to highlight that included in SG&A is a $25 million profit related to the collection of a previously reserved accounts receivable.

Worldwide non-GAAP operating income was $188 million, up $52 million or 39%. Non-GAAP operating margin improved 40 basis points to 2.01%. Excluding the accounts receivable recovery, non-GAAP operating income increased by $27 million or 20% and non-GAAP operating margin improved 14 basis points, primarily due to the enhanced operating leverage from higher sales volumes.

Our GAAP efficacious tax rate in Q3 was 2%. This includes a $24 million abate in their provisional rate of the one-time transition tax related to U.S. tax reform. This revised rate is primarily due to further analysis of the earnings and profit of their foreign subsidiaries and utilization of foreign tax credits. They will finalize the amount of the one-time transition tax during their fourth quarter. Their non-GAAP efficacious tax rate in Q3 was 26%.

Non-GAAP net income was $116 million, an augment of $40 million or 52%, and non-GAAP earnings per diluted participate increased 51% to $3.02. The accounts receivable recovery favorably impacted net income by approximately $18 million, or $0.47 per diluted share.

Turning now to their regional results, the Americas region posted excellent growth, with sales reaching $4.1 billion, an augment of 13%. The region's SMB sales division grew 23%, its 13th straight quarter of 20%+ growth. Sales were fueled by double-digit growth in PC systems, networking, storage, cloud, analytics, and hyperconverged products. The Americas' non-GAAP operating income was $125 million, an augment of $39 million or 46%, and as a percentage of sales, improved 68 basis points to 3.01%. The accounts receivable recovery favorably impacted the Americas' operating income by $25 million.

Our European region too reported sturdy growth, with sales reaching $4.9 billion, an augment of 9% and 12% in constant currency. The growth in Europe was broad-based across the region, fueled by sales of notebooks, networking, storage, servers, cloud, and mobility. Europe's non-GAAP operating income grew to $66 million, an augment of 24%, and as a percentage of sales, improved 16 basis points.

And in their Asia Pacific region, sales increased 6% to $282 million and 12% in constant currency, fueled by networking, servers, storage, and next-gen technologies. Non-GAAP operating income in Asia Pac grew 18% to $5 million, and as a percentage of sales, improved 17 basis points.

Turning now to some of their poise sheet and cash current metrics. The combination of their higher-velocity product mingle and their teams' continued focus on working capital resulted in a cash conversion cycle of 18 days, equal to Q2 and lower by five days compared to the prior-year quarter. They generated $155 million of operating cash current in Q3 and they exited the quarter with a cash poise of $646 million.

During Q3, they paid off an additional $100 million of their long-term bank debt and they ended the quarter with a sturdy capital and liquidity profile. And for the trailing 12 months, they earned an adjusted recrudesce on invested capital of 12%, above their weighted mediocre cost of capital of approximately 9%.

In October, they announced a $200 million participate repurchase program. In Q3, they purchased approximately 621,000 shares for $44 million at an mediocre cost of $70.48 per share. We'll continue to maintain a disciplined approach in how they earmark their capital, investing in organic growth, accelerating their strategies through selective M&A, and returning cash to shareholders through participate repurchases, the mingle and pace of which will vary depending on the opportunities available in the market.

And, finally, the amount and timing of the one-time cost and savings related to their global industry optimization program, which they announced ultimate quarter, remain unchanged.

Turning now to their guidance for the fourth quarter ending January 31, 2019, as they eye ahead to the fourth quarter, they anticipate edifying require trends to continue, with sales to live in the range of $10.5 billion to $10.9 billion and non-GAAP earnings per participate to live in the range of $3.90 to $4.20. This guidance assumes an efficacious tax rate in the range of 24% to 26%. This guidance too assumes an mediocre U.S. dollar to Euro exchange rate of $1.15 to one Euro.

We would now relish to open it up to questions. Operator?

Questions and Answers:


Thank you. They will now inaugurate the question-and-answer session. If you would relish to expect a question, tickle press "*1" on your phone. You may press "*2" if you would relish to remove your question from the queue. For participants using speaker equipment, it may live necessary to pick up your handset before pressing "*". One moment, please, while they poll for their first question.

Thank you. Their first question comes from the line of Matt Sheerin with Stifel. tickle proceed with your question.

Matthew Sheerin -- Stifel, Nicolaus & Co. -- Analyst

Yes, thank you and edifying morning. My first question just regarding your sturdy revenue and your guidance, which looks seasonal, maybe a limited bit below seasonal versus ultimate year, but silent edifying guidance in light of some macro concerns and too concerns with your biggest smartphone supplier, in terms of production cuts. So, where are you seeing the growth? And particularly on the commodity side, the client device side, are you continuing to view PC upgrade cycle? Any thoughts there?

Rich Hume -- Chief Executive Officer

Yes, Matt, edifying morning. This is Rich. Thank you for your question. As it relates to the quarter and the market, the require was very broad. So, as you know, they minister to eye at their industry in segments of endpoint and advanced solutions and I would bid you that there was sturdy growth in both of those segments. I mediate that if they remove a eye at this year, from my point of view, it's been a bit of an unprecedented year as it relates to demand. When I was sitting here at this time ultimate year, they thought it could live marketing around 3% but it's far greater than that. And you complete probably gain your own estimates but I mediate it's north of 5%, 6% in total, which is quite big.

Again, in my sustain in the past, there's always been shorts and longs when they view force in the market. But generally speaking, the force has been uniform. You could remove it by geography. Asia Pacific, Europe, North America, complete gain a fairly robust demand. And then even by product segment, the PC ecosystem stuff seems to live very strong, the data focus stuff in the current technologies is strong, and then even some of the legacy categories of data focus gain demonstrated force over the recent past. So, require fairly robust.

Your question as it relates to Apple, in particular. So, as you know, it is a large allotment of their business. However, when you remove a eye at that entire portfolio, phones are not the overwhelming allotment of the portfolio. We've got a edifying blend of complete Apple represented there. And so they had a very edifying phone quarter in 3Q and they would anticipate that, as they eye into 4Q, their forecast is their best judgment as to what we'll bag done with the type of require that they are estimating in the market.

Matthew Sheerin -- Stifel, Nicolaus & Co. -- Analyst

Okay. Great. That's quite helpful. And then regarding your advanced solutions industry -- the tech solutions, the Avnet legacy business, if you will -- where it looks relish you did gain some early hiccups. It sounds relish you're gaining traction. You talked about force in data center. Your gigantic competitor there, though, has been talking about significant participate gains against you but it looks relish you're growing that business. Could you give us more granularity into what that industry is looking like, in terms of revenue evade rate and margin profile now?

Rich Hume -- Chief Executive Officer

Yeah, sure. Just to benevolent of reflect back for one moment, as you know, they had a data focus industry at Tech Data. They had acquired the TS asset and combined both of those entities. And as they had talked on the previous call, they were on an 18-month march of integration. And as you're on that 18-month march of integration, you're getting organizations in place, leadership in place, and getting the IT systems complete sort of aligned and connected, etc. complete of that is now behind us. And I fundamentally believe that, when you gain the break to spend more time focused on the industry and not having to worry about bringing these two things together, it just adds more management time around the execution.

I would bid you that that industry grew tall single-digit in total. It would live both the legacy Tech Data industry as well as the TS business. And they feel very edifying about how they compete in the market. Things could ebb and current over time but they relish their hand, they relish their portfolio, and we're out in the market competing and they mediate they can finish so in a pretty efficacious manner.

Matthew Sheerin -- Stifel, Nicolaus & Co. -- Analyst

Okay. Thank you very much.


Our next question is from the line of Adam Tindle with Raymond James.

Adam Tindle -- Raymond James -- Analyst

Okay. Thanks and edifying morning. I just wanted to start on profit dollar growth. I know that's a key focus. The double-digit operating profit dollar growth we're seeing in the back half of the year is pretty stark when they compare it to the declines of one of your primary value competitors that they're seeing in the ECS business. So, I'm hoping, first, you can maybe handle on the incompatibility of what you're executing versus your competitors. And, second, is the double-digit operating profit dollar growth something you mediate you could sustain? Because I mediate you mentioned de-selecting business. So, maybe just talk about the buckets to sustaining this double-digit operating profit dollar growth trend.

Charles V. Dannewitz -- Executive Vice President and Chief pecuniary Officer

Sure, Adam, this is Chuck and thanks for your question. They did gain edifying -- they had 20% operating income growth this quarter ex the collection of the AR receivable. So, they did gain edifying operating income growth. We're projecting edifying operating income growth in their Q4 guidance. If you eye back at the dawn of the year and you eye back at what they said they thought they were going to accomplish when they gave their modeling assumptions, they said they were going to live pretty much in flat to low lone digits and most of it being back-half loaded. And I mediate that's what you're seeing. They said it was going to live lighter in the first allotment of the year, more robust in the second allotment of the year, and that's what we're delivering on.

Lots of puts and takes. I mean, they said low single-digit growth. We've experienced higher growth than that. We've had mingle and margin and other puts and takes. But at the discontinuance of the day, we're delivering on very close, very consistent to that model assumptions that they gave at the dawn of the year. So, I mediate that's how we're going to respond to your question, that it is more robust in the second half of the year.

Rich Hume -- Chief Executive Officer

And, Adam, as it relates to the portfolio, privilege now there is edifying require in the market and their teams are taking odds of those opportunities. They are very focused on making confident that we're providing the portfolio that their customer set requires. Yet at the selfsame time, we're too very focused on making confident that they gain an adequate recrudesce on what they do. And if there are instances where that recrudesce benevolent of hits the circumscribe of acceptability, they will remove action to either plug on from that particular customer or that particular product set and plug spend their time elsewhere. I mediate that, as they plug through time, they continue to bag better and better at this and I mediate that it is reflecting in their results and will continue to reflect in their results.

Again, I'd relish to benevolent of harken back to what I had said earlier. Once you gain the break to Put the entire team on the realm and not gain the distractions of an integration, it frees up a lot more time to focus on execution. We're a $26 billion entity. They acquired a $10 billion entity. It required a lot of management time. But we're ready to plug and they really feel relish we've got the privilege management team on the field, we've got the privilege set of processes and execution and operational management systems in place, and we're off executing.

Adam Tindle -- Raymond James -- Analyst

Okay. And, Rich, I mediate one of the other things that you mentioned was optimizing the cost structure in your prepared remarks. I mediate operating efficiency was obviously a gigantic Story to the quarter. SG&A to uncouth profit dollars, I think, the lowest 3Q ratio ever and most historicals didn't gain TS. So, maybe first just talk about how you're able to evade a more efficient model despite having the higher margin TS industry under the umbrella and then too how you mediate about a sustainable plane of OpEx, whether it's in ratios or dollars or however you want to tackle that. Thank you.

Rich Hume -- Chief Executive Officer

Okay. So, first, I want to get confident that we're fully transparent. When you remove a eye at that OpEx, get confident you're benevolent of considering that one-time $25 million collection of the receivable. Right? That sort of takes the total OpEx down to a less than a steady-state level, right?

That being said, when you adjust for that item, their OpEx is silent competitive. We're silent actually driving productivity from an E-to-R perspective on the OpEx line. And it's a pair of things. You heard us talk about their strategy at the investor conference. They told you that we're steadfastly focused on digitally transforming their enterprise end-to-end. That's bigger than just StreamOne. It is benevolent of going through every one of their processes through time -- it's a journey -- and making confident that we're using digital capabilities to bag ultimate productivity out of those processes.

So, that toil is under way and the teams, frankly, gain been focused at Tech Data for decades on driving productivity. So, they set their goals and objectives for the year from a productivity perspective and they plug and execute and drive them. So, that's benevolent of how they bag it done internal to their management system. And they would anticipate that, as they plug forward, the productivity will continue.

I would point to the GBO program. Just to refresh on the GBO, they said that they would remove out $70 million of cost and we'd reinvest approximately half of that, 60% percent of that would live delivered by the discontinuance of the 2020 fiscal and then the remaining 40% would rollover into fiscal '21. I know that there are some that feel as if the schedule should live more aggressive but this isn't just cost take-out by slashing and burning but rather cost take-out by actually providing the tools through digital transformation to finish it actually more productively and more customer-effectively while affecting through that process.

Adam Tindle -- Raymond James -- Analyst

Thank you.

Rich Hume -- Chief Executive Officer



Our next question is from the line of Param Singh with Bank of America Merrill Lynch. tickle proceed with your questions.

Param Singh -- Bank of America Merrill Lynch -- Analyst

Hi. Thanks for taking my question. So, firstly, I want to talk about the operating margin in Europe. You guys saw a very sturdy improvement sequentially despite seasonal revenue growth there. Could you delineate some of the affecting pieces? Was it more volume related, mix, lower competition versus what you had faced, some of the reversal from the Avnet AGD industry headwind that you had previously? I finish understand that having free management time can help productivity but if you could give some color, that would live great.

Rich Hume -- Chief Executive Officer

So, look, I'll start and then I'll hand it over to Chuck. If you reflect back on the ultimate three or four calls that we've had, we've talked about a competitive environment and they talked about making some changes to live able to respond to that competitive environment. So, I mediate that, again, the teams are very focused on how to optimize around the more profitable parts of their portfolio. We're focused on actually driving a more balanced growth between their advanced segment and their endpoint segment, where the margins are healthier overall, as you know. Then we're too focused through the GBO on their productivity, to live able to carry out what they finish on a more productive basis such that they free up some costs to offset some of those margin declines that they had seen in the first two quarters of this year.

So, I mediate it's a combination of complete of those things. They evade the company on one strategy and we're complete focused, as I said, on the digital transformation framework across the board. And I mediate a lot of what they gain Put in site now is dawn to pay dividends. So, we've got a remarkable management team over there and they know how to adjust. We've always talked about Tech Data adjusts to the circumstance. And sometimes adjusting to the circumstance doesn't betide privilege within the quarter. As you complete know, although they relish to consider ourselves a speedboat, they silent remove a bit of time to get the turn. That being said, we've demonstrated over time that they are resilient and can adjust and I mediate you view that manifesting itself in their results

Param Singh -- Bank of America Merrill Lynch -- Analyst

Thanks, Rich. Really, really esteem that detail. As my follow-up, I just wanted to dive in on some of the China tariff issues here. finish you mediate there might gain been some sort of pull-in in the Americas ahead of potential China tariffs? And finish you mediate they might view some sort of require fall-off in the U.S. if they finish plug out and post 25% tariffs on laptops and related products?

Rich Hume -- Chief Executive Officer

So, just to live as honest as I can live as it relates to this question. First, let me comment on their recently reported quarter. They actually saw an immaterial profit associated with tariff. They talked before about the fact that, as to where they sit in the supply chain, it offers a bit of an opportunity. Again, I would live a bit repetitive in aphorism that it was a really immaterial profit but there was some profit there.

As it relates to your question on require being pulled forward, certainly I would speculate that some of that occurs but I can't bid you that it's an overriding theme that's visible to us or we've been made sensible of. And then as it relates to the first quarter, we've spent a lot of time over the ultimate day or two preparing for answering this question on what will betide with the tariffs in the first quarter. And as you know, there isn't a lot of conviction as to what will betide with tariffs in January. They finish know that some of the commodities that are incorporated into the PCs potentially are on the list of things that bag tariffed. However, a lot of the content that they sell at the top plane are not on those lists. But those lists are subject to change.

So, it's sort of a bit of a affecting target. I would bid you that, in working with their vendors, they complete now are very focused on -- allow me to expend the word "tariff engineering" to remove odds of affecting their supply chains into optimal positions and taking odds of optimizing around the set of rules they mediate will live Put in place. So, my view is that there will live some impact but it's very hard to deliver how much and when and in what segment based on the fact that this thing continues to plug around.

Param Singh -- Bank of America Merrill Lynch -- Analyst

Got it. But you should gain some sort of flexibility in passing along cost if you had to incur some of those tariff-related pricing from your OEMs?

Charles V. Dannewitz -- Executive Vice President and Chief pecuniary Officer

Param, this is Chuck. Yes. They definitely gain contracts with some of their larger customers where they finish gain charge actions that are available to us for the tariffs. And, in general, they would pass on those costs to their customers. Really, it's the require elasticity that's the question on the tariffs, not really whether they can pass the costs along.

Param Singh -- Bank of America Merrill Lynch -- Analyst

Thank you so much, Chuck, Rich. esteem it.

Rich Hume -- Chief Executive Officer



Our next question comes from the line of Jim Suva with Citi. tickle proceed with your questions.

James Suva -- Citigroup -- Analyst

Thank you, Chuck and Rich. I gain two questions and I'll expect them at the selfsame time and you can choose to respond them in order. But, first of all, the operating margin improvement this quarter, the sales much better than expected this quarter, it's a very stark and nice change from, say, the past two, three, four quarters. What really were the pair of key things that allowed you to benevolent of really rotate on the gas, Put your foot on the pedals, and really just view it current through to both the sales and bottom line?

And then my second question is on the accounts receivable recovery, was that fully recovered? Is there silent more to near in the quarters ahead? I assume it was one customer and I assume the accounting works so that it doesn't impact your sales, it just impacts your profitability. Thank you.

Charles V. Dannewitz -- Executive Vice President and Chief pecuniary Officer

Right. Jim, this is Chuck. Let me remove the ultimate one first. The recovery of the $25 million is related to a customer that they obtained in the TS acquisition and they secured the payment this quarter that they previously thought was uncollectable. So, they finish not anticipate any further recovery. They are paid in complete and so it will gain no impact on future quarters.

Rich Hume -- Chief Executive Officer

And then, Jim, as it relates to your second question, there is a pair of points that I would relish to make. First and foremost, the overlying require in the market is strong. So, there's lots of break or lots of at-bats, if you will, as it relates to what's available out there to compete for.

Second is -- and I don't want to dwell on this -- but second is the acquisition and having that integration complete and focusing their management time just purely based on their industry and execution of their strategy and execution of the quarter or the year is of the highest priority now, where my time had to live previously traded off.

Third, I mediate they gain the most outstanding portfolio in the industry. You plug through any vendor list at the top of this IT market and they gain a relationship with the overwhelming predominance of those vendors. And we've got remarkable relationships with them. So, they near together globally to determine what they want to accomplish and then they plug and engage their geographic teams and bag them aligned with those plans. In some instances, they jointly invest in executing those plans. And privilege now, the teams are off and getting it done.

As you know, when you tug a current organization together of the size and scale that they did with the Avnet TS, it takes a bit of time to bag the management teams settled in. It takes a bit of time to bag the account coverage settled in. And as I commented on the ultimate call, complete of that is behind us. So, my personal view is that that has a gigantic impact on their competence here to execute most optimally affecting forward.

Charles V. Dannewitz -- Executive Vice President and Chief pecuniary Officer

And, Jim, this is Chuck. Just one further comment and that is this really shows the leverage that goes into their operating model when they gain sturdy top-line growth and they hold their costs. They did an excellent job on cost containment. You're going to view that drop to the bottom line and defer remarkable operating margins. They too saw a firming of their endpoint solutions margins during the quarter. So, really, an excellent job by the team.

Rich Hume -- Chief Executive Officer

Yeah. They oftentimes, Jim, on these calls spend time talking about their earnings, which is absolutely appropriate. It's a very, very faultfinding metric. But I gain to bid you that I'm too disdainful of the team's execution on the capital side and the cash side. We, as their primary metric, are always focused on recrudesce on invested capital. And if you reflect back on the ultimate quarter, perhaps they were viewed to live a bit short on the earnings they delivered but if you plug to inspect the execution of capital management, cash management, and recrudesce on invested capital, they've always been the stalwarts of their industry and remain strong.

And they remove complete of their decisions as it relates to running and executing their industry with the blend of earnings, capital deployment, and cash management in mind. So, they try to maintain a sound and disciplined approach to the market. And what I bid the team complete the time is that they want to live hungry but humble. And so that's their approach to the market.

James Suva -- Citigroup -- Analyst

Thank you so much for the details and additional clarification. That's greatly appreciated.

Rich Hume -- Chief Executive Officer

You're welcome.


Our next question is from the line of Sean Hannan with Needham & Company. tickle proceed with your questions. Mr. Hannan, tickle proceed with your questions.

Sean Hannan -- Needham & Company -- Analyst

Sorry. Yeah, sorry, the mute role was on. So, thanks for taking the question here. Just wanted to ask, it was spicy to hear the commentary that there's been a objective amount of solid require that's been relatively consistent in some of the more legacy enterprise and storage areas. I want to bag a limited bit more commentary around that, either in terms of what you've observed to date or any perspectives and views as this benevolent of moves forward into 2019. Thanks.

Rich Hume -- Chief Executive Officer

Yeah, this is Rich. Thanks for the question. And I want to limn this as my point of view and maybe it's by a long shot anecdotal but I mediate it's directionally correct. If you were to reach back into '15, '16, arguably allotment of '17 calendar years, there was a lot of strain within the data focus set around Intel-based servers as well as storage -- two examples -- where those categories, perhaps from a market perspective, had moderate declines. As it relates to the current year, in '18, they view growth in those categories, not only for Tech Data but for the market in total. Now, you might expect yourself, well, what's behind that? And I'll give you my point of view.

I mediate there are three things behind it. No. 1 is the legacy categories gain transitioned themselves to live highly much more efficient and productive. I'll expend the case of servers in the data focus and hyperconverged technology. Or I should deliver not servers but the entire stack of data focus hardware and hyperconverged technology. That sort of narrowed the gap, if you will, between public cloud and private cloud deployments.

Second, and most profoundly, I mediate that this total thought of cloud and what will live in the public domain, what will live in the private domain, has sorted itself. And, again, anecdotally, I mediate there was a bit of a pent-up require within data focus acquisition until enterprises sorted how they wanted to actually construct their architect, if you will, their data focus needs going forward. So, I mediate that a) with the legacy stuff affecting into the modern world through things relish hyperconverged and software-defined and being highly more efficient, b) the adaptation of the market toward hybrid cloud as being the long-term approach here now, so there's going to live a life of both the on-prem and off-prem coexisting as they plug forward. So, those declines then that happened in the previous year were clearly unable to, if you will, shift based on those changes.

And then, of course, just the overlying market being sturdy is too a contributor to, I think, those categories being picked back up.

Sean Hannan -- Needham & Company -- Analyst

I mediate a lot of that commentary makes a lot of sense and I certainly esteem that. It feels relish this is something that has a limited bit of a dead cat bounce to it, some rationalization, and at least some moderate improvement going forward. It sounds like, from your commentary, Rich, that you probably generally conform with that?

Rich Hume -- Chief Executive Officer

Yes. That would live my point of view that I limn as well.

Sean Hannan -- Needham & Company -- Analyst

Yeah. Yeah. Okay. And then -- so, if I could switch gears over to security, can you talk a limited bit more in terms of the portfolio that you gain there and where is your console plane with what you're offering to your client groundwork of resellers, common bars, the services you're providing, the OEMs that you're being able to provide access to? Can you provide a limited bit more commentary around the direction of this piece of the portfolio and console today? Thanks.

Rich Hume -- Chief Executive Officer

Yeah. So, top-line message is their security portfolio is in transition. So, what finish I intend by that? When you remove a eye at their install base, if you will, what we've sold in the past, because of their legacy business, it had been more aligned around the PC ecosystem. As they eye forward, and where we're really building their business, is they really want to shift or remix that portfolio more toward the data center-type security offerings. The higher-value offerings, if you will.

When you remove a eye at their line card, it's as sturdy as anyone's within their domain and we've got the privilege set of relationships in place. And they are currently investing as one of their priorities to build out that, allow me to expend the words "value security portfolio," by adding a lot of specialization internal to their organization. I mediate you're probably well sensible that the traditional sellers within the data focus footprint aren't the folks that can plug and sell security solutions. And when they eye at the higher value categories, those type of offerings are very analytics intensive. And rather than expend the approach of a firewall technique, it's more of they've entered their domain and how finish they quickly find them through the expend of analytics. So, those are sort of the type of offerings that we're building out within the portfolio.

I'd bid you we've got toil to finish here. They are not where they would relish to be. And when they gain their annual blueprint discussions as they position ourselves for FY '20, we're going to live incrementing, if you will, the investment we're making in this category to really more robustly build that data focus category.

Sean Hannan -- Needham & Company -- Analyst

Thanks so much for taking my questions, folks. edifying luck.

Rich Hume -- Chief Executive Officer

Yeah. Thank you.


Thank you. As a reminder, to expect a question, you may press "*1". Their next question is from the line of Keith Housum with Northcoast Research. tickle proceed with your questions.

Keith Housum -- Northcoast Research -- Analyst

Good morning, gentlemen. Can you hear me OK?

Rich Hume -- Chief Executive Officer


Keith Housum -- Northcoast Research -- Analyst

Appreciate it. I'm actually sitting in the airport.

Rich Hume -- Chief Executive Officer

Good morning, Keith.

Keith Housum -- Northcoast Research -- Analyst

Good morning. Congratulations on a edifying quarter.

Rich Hume -- Chief Executive Officer

Thank you.

Keith Housum -- Northcoast Research -- Analyst

Chuck, I wanted to result up on a comment I believe you made in terms of talking about uncouth margins and a decline in advanced solutions uncouth margins. I just want to understand if that's just benevolent of a natural decline in the industry as it matures or maybe you can provide some more color around those thoughts.

Charles V. Dannewitz -- Executive Vice President and Chief pecuniary Officer

Yeah. No, really the comment was more on the stabilization of the uncouth margins on their endpoint solutions. And then the mix, the higher mingle of endpoint solutions as compared to advanced, and then they continued to view a decline on a year-over-year basis on their advanced, whereas it did not occur on their endpoint solutions. It firmed up on a year-over-year basis on endpoint. So, silent very pleased and we're affecting forward but it's just really a year-over-year comment.

Keith Housum -- Northcoast Research -- Analyst

Okay. Is that more driven by product-specific or customer-specific transactions or just maturing of the market?

Charles V. Dannewitz -- Executive Vice President and Chief pecuniary Officer

It's really across the board on complete of it. It's really a reset that they saw earlier in the year on some of the charge competitiveness in the AS market. So, it's really a year-over-year compare and they just wanted to point it out.

Keith Housum -- Northcoast Research -- Analyst

Okay. I esteem that. And just a limited bit of housekeeping. In terms of your guidance for the fourth quarter, does that assume that you guys will complete your participate repurchase transaction during the quarter?

Charles V. Dannewitz -- Executive Vice President and Chief pecuniary Officer

We're not giving guidance in regards to the pace of which we're going to fulfill their participate repurchase. They finish gain a blueprint in site at various participate levels. I will deliver this: that it has an immaterial impact on the amount of their earnings guidance on the participate count.

Keith Housum -- Northcoast Research -- Analyst

Okay. Great. That's complete I've got. Thank you.


Thank you. This concludes Tech Data Corporation's Fiscal Year 2019 Third Quarter Earnings Conference Call. A replay of the convoke will live available in about one hour at Thank you for attending today's conference convoke and gain a remarkable day.

Duration: 53 minutes

Call participants:

Arleen Quinones -- Vice President of Investor Relations

Rich Hume -- Chief Executive Officer

Charles V. Dannewitz -- Executive Vice President and Chief pecuniary Officer

Matthew Sheerin -- Stifel, Nicolaus & Co. -- Analyst

Adam Tindle -- Raymond James -- Analyst

Param Singh -- Bank of America Merrill Lynch -- Analyst

James Suva -- Citigroup -- Analyst

Sean Hannan -- Needham & Company -- Analyst

Keith Housum -- Northcoast Research -- Analyst

More TECD analysis

This article is a transcript of this conference convoke produced for The Motley Fool. While they strive for their foolish Best, there may live errors, omissions, or inaccuracies in this transcript. As with complete their articles, The Motley Fool does not assume any responsibility for your expend of this content, and they strongly embolden you to finish your own research, including listening to the convoke yourself and reading the company's SEC filings. tickle view their Terms and Conditions for additional details, including their Obligatory Capitalized Disclaimers of Liability.

More From The Motley Fool

Motley Fool Transcription has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Direct Download of over 5500 Certification Exams

3COM [8 Certification Exam(s) ]
AccessData [1 Certification Exam(s) ]
ACFE [1 Certification Exam(s) ]
ACI [3 Certification Exam(s) ]
Acme-Packet [1 Certification Exam(s) ]
ACSM [4 Certification Exam(s) ]
ACT [1 Certification Exam(s) ]
Admission-Tests [13 Certification Exam(s) ]
ADOBE [93 Certification Exam(s) ]
AFP [1 Certification Exam(s) ]
AICPA [2 Certification Exam(s) ]
AIIM [1 Certification Exam(s) ]
Alcatel-Lucent [13 Certification Exam(s) ]
Alfresco [1 Certification Exam(s) ]
Altiris [3 Certification Exam(s) ]
Amazon [2 Certification Exam(s) ]
American-College [2 Certification Exam(s) ]
Android [4 Certification Exam(s) ]
APA [1 Certification Exam(s) ]
APC [2 Certification Exam(s) ]
APICS [2 Certification Exam(s) ]
Apple [69 Certification Exam(s) ]
AppSense [1 Certification Exam(s) ]
APTUSC [1 Certification Exam(s) ]
Arizona-Education [1 Certification Exam(s) ]
ARM [1 Certification Exam(s) ]
Aruba [6 Certification Exam(s) ]
ASIS [2 Certification Exam(s) ]
ASQ [3 Certification Exam(s) ]
ASTQB [8 Certification Exam(s) ]
Autodesk [2 Certification Exam(s) ]
Avaya [96 Certification Exam(s) ]
AXELOS [1 Certification Exam(s) ]
Axis [1 Certification Exam(s) ]
Banking [1 Certification Exam(s) ]
BEA [5 Certification Exam(s) ]
BICSI [2 Certification Exam(s) ]
BlackBerry [17 Certification Exam(s) ]
BlueCoat [2 Certification Exam(s) ]
Brocade [4 Certification Exam(s) ]
Business-Objects [11 Certification Exam(s) ]
Business-Tests [4 Certification Exam(s) ]
CA-Technologies [21 Certification Exam(s) ]
Certification-Board [10 Certification Exam(s) ]
Certiport [3 Certification Exam(s) ]
CheckPoint [41 Certification Exam(s) ]
CIDQ [1 Certification Exam(s) ]
CIPS [4 Certification Exam(s) ]
Cisco [318 Certification Exam(s) ]
Citrix [48 Certification Exam(s) ]
CIW [18 Certification Exam(s) ]
Cloudera [10 Certification Exam(s) ]
Cognos [19 Certification Exam(s) ]
College-Board [2 Certification Exam(s) ]
CompTIA [76 Certification Exam(s) ]
ComputerAssociates [6 Certification Exam(s) ]
Consultant [2 Certification Exam(s) ]
Counselor [4 Certification Exam(s) ]
CPP-Institue [2 Certification Exam(s) ]
CPP-Institute [1 Certification Exam(s) ]
CSP [1 Certification Exam(s) ]
CWNA [1 Certification Exam(s) ]
CWNP [13 Certification Exam(s) ]
Dassault [2 Certification Exam(s) ]
DELL [9 Certification Exam(s) ]
DMI [1 Certification Exam(s) ]
DRI [1 Certification Exam(s) ]
ECCouncil [21 Certification Exam(s) ]
ECDL [1 Certification Exam(s) ]
EMC [129 Certification Exam(s) ]
Enterasys [13 Certification Exam(s) ]
Ericsson [5 Certification Exam(s) ]
ESPA [1 Certification Exam(s) ]
Esri [2 Certification Exam(s) ]
ExamExpress [15 Certification Exam(s) ]
Exin [40 Certification Exam(s) ]
ExtremeNetworks [3 Certification Exam(s) ]
F5-Networks [20 Certification Exam(s) ]
FCTC [2 Certification Exam(s) ]
Filemaker [9 Certification Exam(s) ]
Financial [36 Certification Exam(s) ]
Food [4 Certification Exam(s) ]
Fortinet [13 Certification Exam(s) ]
Foundry [6 Certification Exam(s) ]
FSMTB [1 Certification Exam(s) ]
Fujitsu [2 Certification Exam(s) ]
GAQM [9 Certification Exam(s) ]
Genesys [4 Certification Exam(s) ]
GIAC [15 Certification Exam(s) ]
Google [4 Certification Exam(s) ]
GuidanceSoftware [2 Certification Exam(s) ]
H3C [1 Certification Exam(s) ]
HDI [9 Certification Exam(s) ]
Healthcare [3 Certification Exam(s) ]
HIPAA [2 Certification Exam(s) ]
Hitachi [30 Certification Exam(s) ]
Hortonworks [4 Certification Exam(s) ]
Hospitality [2 Certification Exam(s) ]
HP [750 Certification Exam(s) ]
HR [4 Certification Exam(s) ]
HRCI [1 Certification Exam(s) ]
Huawei [21 Certification Exam(s) ]
Hyperion [10 Certification Exam(s) ]
IAAP [1 Certification Exam(s) ]
IAHCSMM [1 Certification Exam(s) ]
IBM [1532 Certification Exam(s) ]
IBQH [1 Certification Exam(s) ]
ICAI [1 Certification Exam(s) ]
ICDL [6 Certification Exam(s) ]
IEEE [1 Certification Exam(s) ]
IELTS [1 Certification Exam(s) ]
IFPUG [1 Certification Exam(s) ]
IIA [3 Certification Exam(s) ]
IIBA [2 Certification Exam(s) ]
IISFA [1 Certification Exam(s) ]
Intel [2 Certification Exam(s) ]
IQN [1 Certification Exam(s) ]
IRS [1 Certification Exam(s) ]
ISA [1 Certification Exam(s) ]
ISACA [4 Certification Exam(s) ]
ISC2 [6 Certification Exam(s) ]
ISEB [24 Certification Exam(s) ]
Isilon [4 Certification Exam(s) ]
ISM [6 Certification Exam(s) ]
iSQI [7 Certification Exam(s) ]
ITEC [1 Certification Exam(s) ]
Juniper [64 Certification Exam(s) ]
LEED [1 Certification Exam(s) ]
Legato [5 Certification Exam(s) ]
Liferay [1 Certification Exam(s) ]
Logical-Operations [1 Certification Exam(s) ]
Lotus [66 Certification Exam(s) ]
LPI [24 Certification Exam(s) ]
LSI [3 Certification Exam(s) ]
Magento [3 Certification Exam(s) ]
Maintenance [2 Certification Exam(s) ]
McAfee [8 Certification Exam(s) ]
McData [3 Certification Exam(s) ]
Medical [69 Certification Exam(s) ]
Microsoft [374 Certification Exam(s) ]
Mile2 [3 Certification Exam(s) ]
Military [1 Certification Exam(s) ]
Misc [1 Certification Exam(s) ]
Motorola [7 Certification Exam(s) ]
mySQL [4 Certification Exam(s) ]
NBSTSA [1 Certification Exam(s) ]
NCEES [2 Certification Exam(s) ]
NCIDQ [1 Certification Exam(s) ]
NCLEX [2 Certification Exam(s) ]
Network-General [12 Certification Exam(s) ]
NetworkAppliance [39 Certification Exam(s) ]
NI [1 Certification Exam(s) ]
NIELIT [1 Certification Exam(s) ]
Nokia [6 Certification Exam(s) ]
Nortel [130 Certification Exam(s) ]
Novell [37 Certification Exam(s) ]
OMG [10 Certification Exam(s) ]
Oracle [279 Certification Exam(s) ]
P&C [2 Certification Exam(s) ]
Palo-Alto [4 Certification Exam(s) ]
PARCC [1 Certification Exam(s) ]
PayPal [1 Certification Exam(s) ]
Pegasystems [12 Certification Exam(s) ]
PEOPLECERT [4 Certification Exam(s) ]
PMI [15 Certification Exam(s) ]
Polycom [2 Certification Exam(s) ]
PostgreSQL-CE [1 Certification Exam(s) ]
Prince2 [6 Certification Exam(s) ]
PRMIA [1 Certification Exam(s) ]
PsychCorp [1 Certification Exam(s) ]
PTCB [2 Certification Exam(s) ]
QAI [1 Certification Exam(s) ]
QlikView [1 Certification Exam(s) ]
Quality-Assurance [7 Certification Exam(s) ]
RACC [1 Certification Exam(s) ]
Real-Estate [1 Certification Exam(s) ]
RedHat [8 Certification Exam(s) ]
RES [5 Certification Exam(s) ]
Riverbed [8 Certification Exam(s) ]
RSA [15 Certification Exam(s) ]
Sair [8 Certification Exam(s) ]
Salesforce [5 Certification Exam(s) ]
SANS [1 Certification Exam(s) ]
SAP [98 Certification Exam(s) ]
SASInstitute [15 Certification Exam(s) ]
SAT [1 Certification Exam(s) ]
SCO [10 Certification Exam(s) ]
SCP [6 Certification Exam(s) ]
SDI [3 Certification Exam(s) ]
See-Beyond [1 Certification Exam(s) ]
Siemens [1 Certification Exam(s) ]
Snia [7 Certification Exam(s) ]
SOA [15 Certification Exam(s) ]
Social-Work-Board [4 Certification Exam(s) ]
SpringSource [1 Certification Exam(s) ]
SUN [63 Certification Exam(s) ]
SUSE [1 Certification Exam(s) ]
Sybase [17 Certification Exam(s) ]
Symantec [134 Certification Exam(s) ]
Teacher-Certification [4 Certification Exam(s) ]
The-Open-Group [8 Certification Exam(s) ]
TIA [3 Certification Exam(s) ]
Tibco [18 Certification Exam(s) ]
Trainers [3 Certification Exam(s) ]
Trend [1 Certification Exam(s) ]
TruSecure [1 Certification Exam(s) ]
USMLE [1 Certification Exam(s) ]
VCE [6 Certification Exam(s) ]
Veeam [2 Certification Exam(s) ]
Veritas [33 Certification Exam(s) ]
Vmware [58 Certification Exam(s) ]
Wonderlic [2 Certification Exam(s) ]
Worldatwork [2 Certification Exam(s) ]
XML-Master [3 Certification Exam(s) ]
Zend [6 Certification Exam(s) ]

References :

Dropmark :
Wordpress :
Issu :
Dropmark-Text :
Blogspot :
RSS Feed : : : :

Back to Main Page

Killexams HP2-K31 exams | Killexams HP2-K31 cert | Pass4Sure HP2-K31 questions | Pass4sure HP2-K31 | pass-guaratee HP2-K31 | best HP2-K31 test preparation | best HP2-K31 training guides | HP2-K31 examcollection | killexams | killexams HP2-K31 review | killexams HP2-K31 legit | kill HP2-K31 example | kill HP2-K31 example journalism | kill exams HP2-K31 reviews | kill exam ripoff report | review HP2-K31 | review HP2-K31 quizlet | review HP2-K31 login | review HP2-K31 archives | review HP2-K31 sheet | legitimate HP2-K31 | legit HP2-K31 | legitimacy HP2-K31 | legitimation HP2-K31 | legit HP2-K31 check | legitimate HP2-K31 program | legitimize HP2-K31 | legitimate HP2-K31 business | legitimate HP2-K31 definition | legit HP2-K31 site | legit online banking | legit HP2-K31 website | legitimacy HP2-K31 definition | >pass 4 sure | pass for sure | p4s | pass4sure certification | pass4sure exam | IT certification | IT Exam | HP2-K31 material provider | pass4sure login | pass4sure HP2-K31 exams | pass4sure HP2-K31 reviews | pass4sure aws | pass4sure HP2-K31 security | pass4sure coupon | pass4sure HP2-K31 dumps | pass4sure cissp | pass4sure HP2-K31 braindumps | pass4sure HP2-K31 test | pass4sure HP2-K31 torrent | pass4sure HP2-K31 download | pass4surekey | pass4sure cap | pass4sure free | examsoft | examsoft login | exams | exams free | examsolutions | exams4pilots | examsoft download | exams questions | examslocal | exams practice | | | |