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HP2-E50 - Consultative Selling of HP Mission(R) Critical Technical Services - Dump Information

Vendor : HP
Exam Code : HP2-E50
Exam Name : Consultative Selling of HP Mission(R) Critical Technical Services
Questions and Answers : 50 Q & A
Updated On : December 11, 2018
PDF Download Mirror : Pass4sure HP2-E50 Dump
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HP2-E50 Questions and Answers

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HP2-E50 Consultative Selling of HP Mission(R) Critical Technical Services

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HP2-E50 exam Dumps Source : Consultative Selling of HP Mission(R) Critical Technical Services

Test Code : HP2-E50
Test Name : Consultative Selling of HP Mission(R) Critical Technical Services
Vendor Name : HP
Q&A : 50 Real Questions

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HP Consultative Selling of HP

Black Friday 2018 workplace Depot deals: HP computer for $450, Chromebook for $a hundred thirty | killexams.com Real Questions and Pass4sure dumps

screen-shot-2018-11-12-at-5-38-29-pm office Depot

workplace Depot means business this yr. It wasn't the first retailer to announce its Black Friday lineup in 2018, but it's making a splash with one of the crucial lowest expenses we have seen yet on a handful of laptops and PCs.

perhaps one of the crucial optimum deals though is office Depot's HP computing device that's packed with a seventh-gen Intel Core i7 CPU, 8GB of RAM and a 1TB tough pressure -- thinking about $450.

workplace Depot's Black Friday sale kicks off on-line on Thanksgiving Day, Nov. 22, at 12:01 a.m. ET. you will be able to decide upon up your purchases in shops after they open at eight a.m. local time on Black Friday, Nov. 23. And members of office Depot's loyalty program could be eligible for extra rewards and particular deals on printers and printer paper starting on Wednesday, Nov. 21. 

moreover discounts on office chairs, furnishings and so forth, the retailer is offering some knockout deals on computer systems, some of which might be highlighted below. in addition, the buy of a pc or computing device that prices $300 or greater will make you eligible for a free copy of Microsoft workplace, a SquareTrade insurance policy plan and different tech help functions. 

And from eight a.m. to midday on Nov. 23, every purchase of $a hundred and fifty or extra at a actual workplace Depot save will come with a free Google home Mini -- the already-ubiquitous break browsing staple that retails for $50 but which could be discounted by way of many, many agents all the way through the following couple of weeks. 

As all the time, be aware the caveats. Some of those offers can also already be live nowadays, some will launch over the following couple of days, and others won't beginning until Black Friday, Nov. 23.

Now enjoying: Watch this: hints to score further discounts on Black Friday and Cyber...

2:06

that you would be able to see office Depot's full advert here, but scroll down to see a number of of our favorites.

a few notes to keep in mind:

  • We linked to the present listing on the workplace Depot site when one became purchasable, however of course sale pricing might not be accessible unless the sale starts (12:01 a.m. ET on Thanksgiving Day, Nov. 22).
  • CNET may additionally get a share of earnings from the sale of the items featured on this web page.
  • HP laptop with Intel Core i7 and 1TB hard drive for $450 ($350 off) office Depot

    we're seeing loads of offers on HP laptops, however this is a particularly decent one. You get a collection of pretty killer accessories including a Core i7 CPU, 8GB of RAM and an enormous 1TB hard drive. The computer is going under the product name of 15-da0086od. additionally decent is Walmart's Pavilion x360 deal which points a Core i5 and sells for $530. 

    See at office Depot Lenovo Flex 5 with Intel Core i5 and 1T challenging drive for $500 ($300 off) Sarah Tew/CNET

    A with no trouble killer deal from workplace Depot. The Flex 5's 15.6-inch display gives you more room for work and, complemented with the aid of its speakers, makes it very decent for video, tune and video games. It additionally has a variety of battery existence to get you throughout the day.

    See at office Depot study the CNET assessment HP 11.6-inch Chromebook for $130 ($ninety off)

    this is some grime low priced Black Friday business. This HP computing device is fundamental however you get an 11.6-inch screen, a dual-core Intel Celeron CPU, 4GB of RAM and 16GB of storage. For $one hundred thirty.

    Deal attainable Nov. 22-24.

    See at office Depot examine the CNET evaluation Dell 27-inch monitor for $a hundred and ten ($90 off)

    yes, this Dell video display is a few years historical. however a 27-inch HD reveal for $one hundred ten is the stuff Black Friday is made of. value a look, for bound. (be aware that Walmart is promoting the identical mannequin for $120.)

    Deal attainable Nov. 22-24.

    See at workplace Depot HP 22-inch Full HD display screen for $80 ($30 off)

    Straight up: This could be the economical 22-inch monitor now we have ever considered. Thanks, office Depot.

    See at office Depot Black Friday 2018 deals in every category Black Friday 2018 offers for specific instruments Black Friday 2018 deals via store Black Friday 2018: CNET's finished insurance

    What kind of Shareholder seems On The HP Inc’s (NYSE:HPQ) Shareholder Register? | killexams.com Real Questions and Pass4sure dumps

    in case you are looking to comprehend who really controls HP Inc (NYSE:HPQ), you then’ll ought to appear at the make-up of its share registry. institutions will regularly grasp inventory in bigger corporations, and we predict to see insiders possessing a sizeable percentage of the smaller ones. companies which have been privatized tend to have low insider possession.

    With a market capitalization of US$38b, HP is rather tremendous. We’d are expecting to look institutional buyers on the register. businesses of this measurement are constantly neatly prevalent to retail investors, too. Our evaluation of the possession of the business, below, shows that associations are substantive on the percentage registry. Let’s take a closer appear to peer what the different types of shareholder can inform us about HPQ.

    See our newest evaluation for HP

    NYSE:HPQ ownership summary November sixteenth 18

    more What Does The Institutional ownership tell Us About HP?

    Institutional traders commonly examine their personal returns to the returns of a generally followed index. in order that they frequently do agree with purchasing bigger agencies which are included within the relevant benchmark index.

    we can see that HP does have institutional traders; and that they grasp eighty two% of the inventory. this suggests some credibility amongst skilled investors. but we will’t depend on that truth on my own, considering institutions make unhealthy investments every so often, identical to each person does. If numerous institutions alternate their view on a inventory on the identical time, you may see the proportion expense drop quickly. It’s therefore price looking at HP’s salary heritage, beneath. Of direction, the longer term is what really concerns.

    NYSE:HPQ profits remark Export November sixteenth 18

    greater

    seeing that institutional traders personal greater than half the issued stock, the board will doubtless need to pay consideration to their preferences. Hedge dollars don’t have many shares in HP. There are a reasonable number of analysts overlaying the inventory, so it may be valuable to discover their combination view on the longer term.

    Insider ownership Of HP

    The definition of an insider can differ a bit between different countries, but participants of the board of administrators always count. The business management answer to the board; and the latter should still characterize the pursuits of shareholders. peculiarly, now and again desirable-stage managers are on the board, themselves.

    I often accept as true with insider ownership to be a good component. despite the fact, on some occasions it makes it more intricate for other shareholders to dangle the board responsible for decisions.

    Story Continues

    Our data means that insiders own below 1% of HP Inc in their own names. Being so big, we would now not predict insiders to own a big percentage of the inventory. mutually, they own US$50m of stock. during this kind of condition, it can also be greater unique to see if those insiders were buying or selling.

    usual Public possession

    With a 17% possession, the accepted public have some diploma of sway over HPQ. while this group can’t necessarily call the pictures, it could possibly definitely have a true have an effect on on how the enterprise is run.

    subsequent Steps:

    whereas it's neatly worth considering that the diverse groups that own an organization, there are other factors that are even more vital.

    Many find it advantageous to take a detailed examine how a company has carried out during the past. which you can entry this certain graph of past earnings, profits and cash stream .

    finally the future is most vital. that you can access this free record on analyst forecasts for the company.

    NB: Figures listed here are calculated using facts from the remaining twelve months, which seek advice from the 12-month duration ending on the closing date of the month the financial plan is dated. This may additionally no longer be in keeping with full yr annual file figures.

    To help readers see previous the brief time period volatility of the monetary market, we goal to carry you a long-time period focused analysis evaluation in simple terms driven by using fundamental information. word that our evaluation doesn't ingredient in the newest cost-sensitive business announcements.

    The writer is an impartial contributor and on the time of ebook had no position in the stocks mentioned. For error that warrant correction please contact the editor at editorial-crew@simplywallst.com.


    HP Elitebook x360 1030 overview: Small tweaks made to a stylish work 2-in-1 | killexams.com Real Questions and Pass4sure dumps

    HP Elitebook x360 1030 review: Small tweaks made to a stylish work 2-in-1enlarge Valentina Palladino reader comments 29 with 22 posters collaborating Share this story
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  • It has been 10 years considering the fact that HP launched the usual Elitebook, and the company continues to enrich upon this already stellar company pc household. This year's Elitebook x360 1030 is the follow-as much as remaining yr's mannequin and will substitute the 1020 model within the Elitebook lineup.

    the new Elitebook has been sprinkled with updates that you just'd predict in a convertible that failed to have many primary issues: HP stuck a new processor inner, shrank some bezels, made the chassis' footprint smaller and lighter, delivered an LTE choice, and superior the not obligatory lively Pen. there have been a number of sub-par facets about the old mannequin, so HP addressed them in this device, too. although, these improvements, while thoughtful, may additionally not be critical sufficient to push existing Elitebook users to improve.

    appear and believe

    HP changed little concerning the Elitebook x360's skeleton—it's nevertheless an all-aluminum convertible with a unibody chassis and slick, diamond-reduce edges. It now has a ten % smaller footprint than the previous model, measuring 15.8mm thick and weighing 2.seventy six kilos, and the bezels round its 13.three-inch touchscreen are slimmer than ever earlier than. The aspect bezels are 50 p.c thinner, and the chin is 39 p.c smaller, too.

    Specs at a look: HP Elitebook x360 1030 G3 (as reviewed) screen 13.three-inch 1920×1080 touchscreen OS windows 10 pro CPU Core i7-8650U RAM 16GB LPDDR3 GPU Intel UHD photographs 620 HDD 512GB PCIe SSD Networking 8265 802.11a/b/g/n/ac (2x2) Wi-Fi, Bluetooth 4.2 combo, vPro, NFC, MiraCast aid, Cat9 4G LTE (optional) Ports 2x Thunderbolt three, 1x USB-A 3.1 Gen 1, 1x HDMI port, 1x lock slot, 1x audio combo jack size12.04×8.07×0.sixty two in (30.58×20.5×1.58 cm) Weight 2.76 pounds Battery 56WHr warrantythree years expense as reviewed $2,149 different perks home windows hello IR digicam, fingerprint sensor, backlit keyboard HP EliteBook x360 1030 G3 begins at: $1,799.ninety nine at HP purchase

    The good bezel remains thick satisfactory to encompass a brand new FHD webcam and an IR digital camera, both of that are critical for enterprise clients to have. youngsters, HP didn't include a privateness shutter over the webcam. a large number of ultrabooks have embraced the privacy shutter or one more strategy to disable the entrance-dealing with digital camera to supply clients extra manage over their privateness. but most ultrabooks which have each a webcam and an IR digital camera for windows whats up do not include a shutter—i'm not stunned that HP left it out within the Elitebook x360, but it would had been a welcome feature, exceptionally on a enterprise-concentrated convertible like this.

    The display comes in FHD (1920×1080) and UHD (3840×2160) alternatives, with one of the vital FHD alternatives fitted with HP's SureView technology. The built-in privateness display makes it complex for passersby to see over your shoulder at your probably delicate work materials. while our evaluate unit didn't have SureView, I've viewed it in action and keep in mind the way it could be critical for experts who're at all times traveling or working from unfamiliar places.

    the two FHD reveal options will also be geared up with HP's new anti-glare coating, making it less difficult to study in direct daylight. Making this a common function would were most effective, but some users rarely work outside or want such a feature on their monitor. however, it'll accompany the four hundred nit and seven-hundred nit brightness maximums of these panels well. The UHD panel is the best configuration with out the alternative of anti-glare coating, and that panel reaches as much as 500 nits of brightness.

    The diamond-reduce edges point to a greater refined design than the outdated mannequin. the new angled hinges that connect the lid to the chassis do, too, as do the honeycomb speaker grilles on both aspect of the keyboard. HP included both correct and bottom firing on this mannequin, which should emit sound smartly regardless of the place of the convertible.

    These small adjustments bring much more Spectre-stylish to the Elitebook line with out being garish. HP also designed the device to circulate MIL-STD 801G stress checks (drop, vibration, shock, temperature, filth, and others), making it both beautiful and robust within the face of harsh environments and unintentional drops.

    The construct fine of this Elitebook suits that of ultimate yr's model. most of the design adjustments best outcome in great aesthetic changes, as opposed to alterations felt within the sturdiness of the desktop. The bump in MIL-STD certification is a nice touch, however most clients will doubtless respect that HP developed a laptop it is both especially thin and light and additionally has an normal strong design that doesn't provide beneath pressure.

    additional analyzing HP Elitebook x360 overview: a work computer you’ll like using at home

    The alternative of ports on the new Elitebook x360 changed slightly: now, it contains two Thunderbolt 3 ports, one USB-A three.1 Gen 1 port, one HDMI port, one nano SIM slot (only on some models), one audio-combo jack, and one lock slot. long gone are the extra USB-A port, the microSD card reader, the wise card reader, and HP's proprietary charging port. Nixing the closing of those is a welcome trade—there isn't a intent to absorb space with a proprietary charging port when a USB-C/Thunderbolt three port expenses the machine and does more in terms of facts switch and peripheral connectivity.

    Some can be annoyed via the different ports that weren't protected. despite the fact, i'm happy that HP stored some of the two classification-A ports, as a result of now not all users (and their workplaces) have made the switch to USB-C yet. MicroSD card slots certainly are not obsolete, but the new nano SIM slot is more vital for HP's imaginative and prescient for this device. a great deal like the new Spectre x360 and the Acer Swift 7, LTE connectivity is fitting a favored optional characteristic on ultrabooks like these. It allows gurus to get on-line any place there is respectable cellular carrier, and it lessens their dependence on public Wi-Fi (which poses safety dangers for these working with delicate information). optional LTE could be the brand new feature that persuades existing Elitebook clients to trust this improve, and it'll put the Elitebook x360 on the radars of recent purchasers who want LTE in their next computer.

  • This year's Elitebook x360 1030 convertible. Valentina Palladino
  • Its normal footprint is 10 % smaller than that of ultimate yr's mannequin. Valentina Palladino
  • HP nixed one of the crucial USB-A ports, however it nevertheless has one left on its slim edges. Valentina Palladino
  • It also has two Thunderbolt 3 ports, an HDMI port, and a lock slot. Valentina Palladino
  • It measures 15.8mm thick at its widest factor. Valentina Palladino
  • It bends and swivels like every other two-in-one and is still sturdy in all positions. Valentina Palladino
  • The hinges have a just a little angled design to them now, making them less bulky than before. Valentina Palladino
  • proper- and backside-firing audio system permit unobstructed sound to return through in any place. Valentina Palladino
  • The touchscreen is available in FHD and UHD resolutions and can be custom-made with HP's sure View privateness reveal. Valentina Palladino
  • Keyboard, trackpad, and lively Pen

    The keyboard on the brand new Elitebook x360 is just nearly as good as the one on remaining 12 months's model, which is to say it's magnificent. i might say these keyboards are 2d handiest to Lenovo's keyboards on devices just like the ThinkPad X1 Carbon. Typing on the Elitebook x360 became relaxed and easy, and i like so that you can hear the chiclet keys as you class, but they emit a subdued, softer sound than other keys. I also just like the full Fn row of keys on the exact of the keyboard, however lots of these keys are geared toward expert courses that I don't use plenty, just like the default windows calendar or Skype.

    beneath the keyboard are the Precision trackpad and the fingerprint reader, both of which were existing on the old Elitebook mannequin. now not lots has modified with either: the trackpad is still responsive and remarkable for home windows-selected gestures, while the fingerprint reader complements the IR camera to give users two home windows hiya biometric authentication alternate options.

    A $76 active Pen, however for whom?

    whereas the non-compulsory energetic Pen looks identical to the previous one, it has a couple of important advancements. For one, the Pen recharges by the use of a USB-C port hidden under a flap of grey silicone close its correct. it is a whole lot stronger than the old model, which used a AAAA battery for energy. due to the fact that the Elitebook x360 expenses by the use of USB-C itself, clients can can charge each the convertible and its pen the usage of the equal cable.

    i'm not loopy concerning the fact that the lively Pen prices further and doesn't come with the Elitebook x360—unless there's whatever interesting or marvelous about it, I think convertibles may still include their pens as a result of inking abilities are probably the most largest selling points about such instruments. HP's energetic Pen is a high-quality stylus that suggests little (if any) latency in multiple sketching apps, and it be much more power delicate than the previous pen. It additionally responds neatly to tilted enter, making shading and nuanced sketching handy.

    additional analyzing ThinkPad X1 Carbon 2018 assessment: The handiest desktop in a professional’s paradise

    but creatives are the users who demand such features, and there are a bunch of robust rivals within the convertible and removable area that may also enchantment to creatives more than the Elitebook x360—a few of which consist of a stylus in their fees. those that best need commonplace inking talents could go together with a device like the $1,299 Lenovo C930 two-in-one, which includes a basic stylus that lives in its chassis.

    HP came up with a artful approach to maintain its active Pen alongside the Elitebook x360 perpetually: it attaches magnetically to 3 of the 4 facets of the convertible's chassis (it doesn't attach to the again area, close the hinge, for evident motives). All of its three buttons may also be personalized in the Pen Settings to open numerous ink-pleasant courses like SketchPad, Ink notebook, and others. short actions like going home or launching a selected app can also be assigned to any of the buttons.

    HP's radial menu, a circle that seems on the display with further brief actions that you can provoke by the use of touch or Pen enter, is fairly beneficial for those who're primarily using the energetic Pen. by using assigning one of the most Pen's buttons to open the radial menu, you well-nigh get a bunch of actions that you should without delay operate when the keyboard is rarely accessible, reminiscent of pausing/enjoying track, adjusting the quantity, and taking a scribble-able screenshot. it be comparable to Samsung's Air Command, which is certainly one of my favorite items of software it truly is wonderful to Samsung devices just like the computing device 9 Pen—now, HP has an equal.

  • The keyboard and trackpad enviornment is only as at ease as those on the old mannequin. Valentina Palladino
  • New true-firing speaker grilles sit down in either side of the keyboard, tons like these on the Spectre ultrabooks. Valentina Palladino
  • The fingerprint reader accompanies the IR digital camera, giving users two biometric login alternate options. Valentina Palladino
  • Inking on the Elitebook x360 is a easy and fun event. Valentina Palladino
  • however the optional energetic Pen fees an extra $76. Valentina Palladino
  • instead of taking a AAAA battery, the new pen prices by way of USB-C. Valentina Palladino
  • utility

    HP packs loads of bloatware onto its Elitebooks, but the courses are geared toward enterprise users, so some are truly useful. HP WorkWise lets you preserve a detailed eye to your convertible even if you're now not around. It requires the accompanying WorkWise app for Android or iOS, and with so you might software the Elitebook x360 to lock automatically in the event you (along with your smartphone) circulate out of range. that you can additionally customize signals to obtain for your smartphone if and when a person tries to open the lid of your computer or log in if you're no longer around.

    further studying Lenovo Yoga C930 2-in-1 overview: Hidden aspects in all of the right areas

    HP's PhoneWise goes one step additional and connects your smartphone to your Elitebook x360, letting you obtain and ship texts, calls, and notifications. it's similar to Apple's Continuity features, but HP's program works on Android and iOS instruments. i am also keen on HP Orbit, a client app that lets Android and iOS clients share information from their smartphones to their PCs, akin to Apple's AirDrop characteristic.

    HP offers a slew of protection aspects for its Elitebooks that may still healthy most IT personnel wants. one of the crucial pre-put in software on my assessment unit includes BIOSphere Gen four, HP pressure Lock and computerized pressure Lock, HP comfortable Erase, and HP instant Wakeup. different classes are not obligatory and can be configured for the Elitebook x360, together with the SureView privacy display, HP bound beginning Gen four, bound Run, and bound get well.

    performance

    The Elitebook x360 received an influence increase because of its updated Core i7-8650U processor. Our assessment unit also had Intel UHD graphics 620, 16GB of RAM, and 512GB of storage—common specs for a enterprise-type ultrabook. It served me neatly over the few days I used it as my basic notebook, but the lovers have been particularly loud when the computing device become below stress. during this case, "stress" meant having tens of edge and Chrome tabs open and working benchmark tests. The Elitebook x360 performed just as neatly, if not a little bit stronger, than most competing ultrabooks of its size.

  • Battery life

    the brand new Elitebook x360 has a somewhat smaller battery than the previous mannequin (56WHr as a substitute of 57WHr), however HP managed to increase on its already lengthy battery lifestyles. The company claims it tweaked some of the inside components, together with the monitor panel, storage, and reminiscence, to be totally vigor effective. That may also explain why the new two-in-one lasted a couple additional hours on both of our tests, clocking in at a regular of 981 minutes, or simply beneath sixteen.5 hours, on our Wi-Fi examine and 451 minutes, or 7.5 hours, on our WebGL examine.

  • An improve more for HP than users

    HP had a great deal to focus on when debuting the brand new Elitebook x360, but the gist of it comes right down to these facets: the convertible now has a smaller profile with stronger interior specs (as well as not obligatory LTE), and there is an non-compulsory, yet a great deal more suitable, energetic Pen.

    The first rate element is that each one of these points deliver on their promises. The popular yet smaller profile of the gadget would not restrict typical performance, which is a bit more advantageous than that of last yr's mannequin because of an 8th-gen Intel processor. Some clients will embody the newly delivered nano SIM card slot as their gateway to a professional cellular connection even in unfamiliar locations, and those who spring for the energetic Pen will love that they can get every week's value of cost from just half-hour of USB-C connectivity.

    All of it really is neatly and decent, however those with remaining 12 months's Elitebook x360 don't need to ditch their latest convertibles for this one. while the new updates are considerate, they don't basically exchange the adventure of the use of the Elitebook x360.

    That talked about, the Elitebook x360 continues to be probably the most premium enterprise notebooks available. Some won't be happy with how a great deal the Elitebook x360's cost soars after a few customizations, however increasingly this is the case for each consumer and company contraptions. The Elitebook x360 is an effective choice for those that desire a work device that will also be as flexible as they need it to be, and it boasts a trendy design that fits the machine's high-conclusion nature besides. Many will also gravitate toward HP's suite of safety elements that comprises courses that users will respect and a couple of that workplace IT authorities would require. Pairing characteristic and form at a high degree makes this Elitebook a straightforward recommendation—that's, until you already own a fresh one from this HP line.

    The good
  • premium, sturdy design.
  • Fingerprint reader and IR digicam.
  • proper- and bottom-firing audio system for improved sound in all convertible positions.
  • optional LTE with nano SIM slot.
  • Pen fees by way of USB-C.
  • respectable efficiency.
  • first rate battery lifestyles.
  • The unhealthy
  • No extra microSD card or 2d USB-A.
  • SureView privateness reveal most effective available on one FHD configuration.
  • energetic Pen comes at an further can charge.
  • Loud fanatics.
  • The ugly
  • No webcam privacy shutter.

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    Henry Schein Inc (HSIC) Q3 2018 Earnings Conference Call Transcript | killexams.com real questions and Pass4sure dumps

    Logo of jester cap with thought bubble. © The Motley Fool Logo of jester cap with thought bubble.

    Henry Schein Inc  (NASDAQ: HSIC)

    Q3 2018 Earnings Conference Call

    Nov. 06, 2018, 10:00 a.m. ET

    Contents:
  • Prepared Remarks
  • Questions and Answers
  • Call Participants
  • Prepared Remarks:

    Operator

    Good morning, ladies and gentlemen, and welcome to the Henry Schein Third Quarter Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. (Operator Instructions) As a reminder, this call is being recorded.

    I would now like to introduce your host for today's call, Carolynne Borders, Henry Schein's Vice President of Investor Relations. Please go ahead, Carolynne.

    Carolynne Borders -- Vice President, Investor Relations

    Thank you, Crunicia and thanks to each of you for joining us to discuss Henry Schein's results for the 2018 third quarter. With me on the call today are Stanley Bergman, Chairman of the Board and Chief Executive Officer of Henry Schein and Steven Paladino, Executive Vice President and Chief Financial Officer.

    Before we begin, I would like to state that certain comments made during this call will include information that is forward-looking. As you know, risks and uncertainties involved in the Company's business may affect the matters referred to in forward-looking statements. As a result, the Company's performance may materially differ from those expressed in or indicated by such forward-looking statements. These forward-looking statements are qualified in their entirety by the cautionary statements contained in Henry Schein's filings with the Securities and Exchange Commission.

    In addition, all comments about the markets we serve, including end market growth rates and market share are based upon the Company's internal analysis and estimates. The content of this conference call contains time-sensitive information that is accurate only as of the date of the live broadcast, November 6, 2018. Henry Schein undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this call.

    Please limit yourself to a single question and a follow-up during Q&A to allow as many listeners as possible to ask a question within the one hour that we have allotted for this call.

    With that said, I would like to turn the call over to Stanley Bergman.

    Stanley M. Bergman -- Chairman of the Board and Chief Executive Officer

    Good morning, everyone. Thank you, Carolynne and thank you all for joining us this morning. We are pleased with our third quarter financial results, which demonstrated, of course, continued solid growth in each of our business groups. We believe that the end markets we serve are stable, in fact, leaning to improving and that we have continued to gain market share with our value-added solutions approach to servicing customers. And we believe that we have continued to gain market share in all of our business units. We also are pleased with our progress relative to our long-range, long-term strategic goals with a balance of organic growth resulting from our consultative approach and close relationship with our customers augmented by growth from acquisitions.

    We have a focus on adding a greater proportion of higher margin products across our businesses and deepening the breadth of our value-added solutions across the globe. We are fulfilling these goals with our investment in higher margin dental specialties and software capabilities, which I will talk about more later in the call, and of course, very pleased to answer specific questions.

    So we continue to believe we have a healthy business. We are well positioned to take advantage of many opportunities we had for investing in long-term growth of the business. The strategic plan we believe is more solid (inaudible) time to Henry Schein's history and we are confident that we will continue the track record of good planning, good execution as we enter into our 23rd year as a public company.

    So at this time, I'll ask Steve to review our financial results, and to provide some further guidance on the numbers and then I'll provide additional commentary on our recent business performance and our accomplishments. So, Steven, please.

    Steven Paladino -- Executive Vice President, Chief Financial Officer and Member of the Board

    Okay. Thank you Stanley, and good morning to all. As we begin, I'd like to point out that I will be discussing our results as reported on a GAAP basis and also on a non-GAAP basis. Our Q3 2018 non-GAAP results exclude certain items that are detailed in Exhibit B of today's press release, which can be found and is available in the Investor Relations section of our website. We believe the non-GAAP financial measures provide investors with useful supplemental information about the financial performance of our business and able the comparison of financial results between periods where certain items may vary independent of business performance and allow for greater transparency with respect to key metrics used by management in operating our business. These non-GAAP financial measures are presented solely for informational and comparative purposes and should not be regarded as a replacement for corresponding GAAP measures. For a reconciliation of GAAP to non-GAAP, again, you could see Exhibit B in today's earnings release, as well as it's included on the Investor Relations section of our website.

    So turning to our results, our net sales for the quarter ended September 29, 2018 were $3.3 billion, reflecting a 3.8% increase compared with the third quarter of 2017 with internally generated sales growth in local currencies of 3.2%. When you also exclude the impact of certain products switching from direct sales to agency sales, our normalized internal sales growth in local currencies was 4.1%. You can see the details of our sales growth on Exhibit A of our earnings news release.

    On a GAAP basis, our operating margin for the quarter -- our third quarter of 2018 was 5.1% and contracted by 170 basis points compared with the third quarter of 2017. However, on a non-GAAP basis, which excludes restructuring costs, transaction cost related to the Animal Health spin-off, as well as a litigation settlement expense, our operating margin was essentially flat on year-over-year basis. You can see the reconciliation of GAAP operating income to non-GAAP operating income in the appendix and our corporate slide set, which is posted on the Investor Relations page of our website.

    As we have previously mentioned, we have a continued focus on increasing sales of higher margin products to drive gross margin improvements across all of our businesses. Our reported GAAP effective tax rate for the third quarter of 2018 was 19.6%. This compares to 29% GAAP effective tax rate for the third quarter of 2017. On a non-GAAP basis, which excludes certain items detailed in Exhibit B of today's press release, our effective tax rate was 23.2% and that compares to 29% in the third quarter of 2017, also on a non-GAAP basis. We believe our full-year 2018 GAAP effective tax rate will be in the range of 24% for the full year.

    Moving on, our net income attributable to Henry Schein for Q3 of 2018 was $121.5 million or $0.79 per diluted share on a GAAP basis and represents declines of 12% and 9% respectively, compared to the third quarter of 2017. However, again, non-GAAP net income attributable to Henry Schein for the third quarter of 2018 was $158.0 million or $1.03 per diluted share. This represents growth of 14.5% and 18.4% respectively, compared with the third quarter of 2017 GAAP results.

    Providing additional detail on our results for the quarter, amortization from acquired intangible assets was $30.4 million pre-tax or $0.15 per diluted share for Q3 2018 and compared to $29.3 million pre-tax or $0.13 per diluted share in the same period last year. For the first nine months of the year, our amortization from acquired intangible assets was $91.7 million pre-tax or $0.45 per diluted share. I'll also note that foreign currency exchange do not have a material impact on our diluted EPS for the quarter.

    Let me now provide some details on our sales results for the third quarter. Dental sales increased 2.4% to $1.5 billion with internal growth in local currencies of 3.5%. Our North American internal growth in local currencies was 4.7% and included 4.3% growth in dental consumable merchandise, as well as an increase of 5.9% in dental equipment sales and service revenues. Our sales growth was primarily driven by market share gains. Our equipment sales result was bolstered by growth of approximately 23% in the overall high-tech equipment category. A highlight of our dental equipment performance was in sales of total CAD/CAM solutions; internal sales in local currencies, were up 43% in North America during Q3; while digital imaging sales, which includes 2D and 3D imaging grew by approximately 14%. Also our digital impression scanner sales increased by more by 50% in Q3 in North -- for North America.

    Our international dental internal sales growth in local currencies was 1.6% and included 3.5% growth in sales of dental consumable merchandise. Our dental equipment sales and service revenue declined by 4.2% versus the same period last year and this is generally due to softer end markets primarily in Germany.

    Animal Health sales were $899.3 million for the quarter, an increase of 1.9% with internally generated sales growth in local currencies of 1.1%. The 1.1% internal growth in local currencies included 0.4% growth in North America. However, it's important to note, when normalizing for the impact of a manufacturer switching from direct sales to agency sales, our North American sales growth was 6.7%. International Animal Health internal sales growth in local currencies was 1.8%. We reported lower sales primarily associated with the decline in parasiticide sales, as well as clinic visits internationally, primarily due to weather.

    Our Medical sales were $721.9 million in the third quarter, an increase of 4.5% with internally generated sales growth in local currencies of 4.4%. The impact from foreign exchange was not material this quarter. The 4.4% growth included 4.4% growth in North America and 5.7% growth internationally. We are pleased with our overall Medical sales results, which were primarily driven by solid organic growth from existing large customers.

    Turning to Technology and Value-Added Services sales, they were $143.9 million in the third quarter, an increase of 32% with internally generated sales growth in local currencies of 7.8%. We are very pleased with the strong growth driven by Henry Schein One along with a solid organic growth both in North America and internationally. In North America, Technology and Value-Added Services internal sales growth was 7.8% in local currencies, which is the highest quarterly growth rate in more than two years. This growth was bolstered by a sale to the US Department of Defense of approximately $6.2 million, along with strong growth in our Financial Services business.

    Our international markets internal sales growth in local currencies was 7.6% and driven primarily by dental software sales. We continue to repurchase common stock in the open market during the third quarter. Specifically, we repurchased approximately 777,000 shares during the quarter at an average price of $78.19 per share or approximately $61 million. The impact of the repurchase of shares for this third quarter was not material to our EPS. At the close of the third quarter, we had approximately $86 million authorized for future repurchases of our common stock. If we take a brief look at some of the highlights of our cash flow, our operating cash flow for the quarter was very strong at $173.9 million and that compares to $131.4 million in the third quarter of last year. We continue to believe we'll have ongoing continued strong operating cash flow for the full year.

    Our previously disclosed restructuring initiative is progressing as planned and will continue for the remainder of the year. As I mentioned in the last quarter, this initiative will allow us to execute on our plan to reduce our cost structure and fund new initiatives that we believe will drive future growth under our 2018 to 2020 strategic plan. As previously noted, we expect to record a one-time restructuring charge in 2018 between $45 million and $55 million in total on a pre-tax basis or $0.22 per diluted share to $0.27 per diluted share. This restructuring charge primarily includes severance, facility closing costs and certain outside professional consulting fees directly related to the restructuring plan. We plan to provide more detail on anticipated cost savings associated with the restructuring at a later date.

    I'll now conclude my remarks by noting we are reaffirming our 2018 non-GAAP diluted EPS guidance range. At this time, we are not able to provide estimates for the impact of total cost related to the Animal Health spin-off on a full-year basis. Therefore, we cannot provide GAAP guidance at this time. Note that the 2018 guidance is based on current revenue recognition standards, although the new revenue recognition standard ASC 606 will not have a material change to our earnings results. The 2018 non-GAAP diluted EPS attributable to Henry Schein is expected to be in the range of $4.06 to $4.14, reflecting growth of 13% to 15% compared with the 2017 non-GAAP diluted EPS of $3.60.

    This guidance excludes certain items in 2018 for the year-to-date that are noted in Exhibit B in today's press release and provides a reconciliation of GAAP net income to EPS to non-GAAP net income and EPS. 2017 non-GAAP results exclude costs related to taxes associated with the US tax reform legislation, as well as a loss associated with the divestiture of the equity ownership in E4D and certain litigation settlement expenses. We assume in our guidance that the end markets will continue to remain stable and are consistent with current market conditions. The guidance for 2018 diluted EPS attributable to Henry Schein is for continuing operations as always, but does not include any future potential acquisitions. The guidance also assumes foreign exchange rates are consistent with current levels. I'll also note that due to the complexities and timing of the planned Animal Health spin-off, we plan to provide 2019 guidance at a later date as some of those uncertainties become clearer.

    With that, let me now turn it back over to Stanley.

    Stanley M. Bergman -- Chairman of the Board and Chief Executive Officer

    Thank you very much, Steven. Let's review some business highlights for our third quarter 2018. In Dental, we were pleased -- actually very pleased with our 4.3% internal sales growth in local currencies, that's in our North American dental consumable merchandise business. This was a market driven by growth -- this was driven by -- to a large extent market share gains, but the market is growing a bit and actually we believe leading in a positive direction. So I want to conclude, in our view that the end markets are stable and generally healthy.

    Our mid-single digit North American dental equipment sales growth was driven by several manufacturers with strong growth in high-tech equipment sales. As Steven mentioned, we continue to see solid demand for the Dentsply Sirona equipment in North America and Europe, and particularly in CAD/CAM, we are also seeing good growth with other manufacturing partners with digital prosthetic solutions as many clinics elect to purchase digital scanners to improve imaging accuracy and patient comfort. Sales of these products in North America grew by more than 50% during the third quarter.

    So overall, very, very pleased with our North American dental business. As you might recall, in late September, we announced investments in three implant companies; Intra-Lock, Medentis Medical, and Pro-Cam Implants with combined annual sales of approximately $45 million US. Intra-Lock offers innovative dental restoration solutions, including proprietary surface connection, biomaterial and small diameter implant technology, very important addition of products know-how to our overall implant business. With the dentists, we are expanding into the lower-priced segments of the dental implant markets and with our investment in Pro-Cam, CAMLOG's exclusive distributor in the Netherlands, we are strengthening our geographic footprint in Europe. These companies complement our existing solutions for implant-based tooth replacement and are expected to broaden our geographic reach, add innovative technologies as noted, enhance some manufacturing footprint, and further our commitment to serve both the valued premium and the lower-priced segments of the implant market.

    Related to the dental specialties, we have been quite pleased with the reception to our SLX Clear Aligner System, which we soft launched in May to the specialist community in North America. That's the orthodontic specialty community and we expect to begin targeting general practitioners in the New Year. This unique solution was designed to reduce overall treatment time, while improving practice efficiency. We make it easy for clinicians to submit cases through a broad range of intraoral scanners, including our TRIOS (ph) 3Shape, 3M, Planmeca and CEREC. Generally we are big fans of open technology. We're in the early stages of educating the market on the benefit of our competitive solution and are optimistic that our system will help advance our orthodontic product lines over time. And generally, the orthodontic business has been very good at coming out with unique products.

    Now let's move on to the Animal Health business. Here we are pleased with the global animal health sales growth in the third quarter, particularly, in North America with normalized internal local currency growth of 6.7%. I think it's very important to understand that the Animal Health sales need to be normalized for a switch between regular GAAP booking of sales, agency sales and back again, and we have provided consistent reporting on this over the years. And so I think the 6.7% growth is reflective of our real achievements in the marketplace. We believe our continued solid sales growth reflects a healthy end market and demonstrates that veterinary clinics rely on our commitment to offering a wide range of products, software and value-added solutions for their practices only to be magnified with the merger with VFC; more about that later.

    Our Medical business also continued to perform well with mid-single digit growth in local currencies, which is above estimated end market growth rates by quite a bit. We believe our medical business benefits directly from our strategy focused on understanding and meeting the needs of a diverse set of customers ranging from the large integrated delivery networks to ambulatory care centers, and of course, the general practitioner. Our go-to-market strategy represents a proven combination to help our customers drive successful patient outcomes, including the promotion of contract compliance, lowering costs, navigating reimbursement and delivering value-based care. We remain committed to providing the products and services and consultative solutions that help our customers efficiently manage their enterprise. And again, we said this over the years, whether it's large or small, we are ready to provide solutions to our customers and position our customers to best serve their patients.

    Moving on to our Technology and Value-Added Services businesses. We are pleased with the progress of Henry Schein One dental technology, the dental technology business of Henry Schein One. We see many possibilities to enhance practice success for this unique dental software platform, which delivers one connected technology offering for innovative software, hardware and services. We are excited about these capabilities, working together to enable dental themes to be better business managers, clinicians to be more efficient and patients who are more loyal to the practice. We -- as we said, our big departments of open architecture in this space and do all we can to help our customer succeed with whatever technology choice they may have. We recently released Dentrix G7 and Dentrix Smart Image, which is the first significant product release for the Henry Schein One joint venture. Dentrix Smart Image represents the next generation of practice management and imaging software all in an interoperable way. This product suite received Cellerant's Best of Class Technology Award, a coveted recognition in the dental community for products aimed at improving digital clinical workflow.

    Henry Schein One also released enhanced Dentrix service bundles, including Optimum Pro for payment management services and ultimate service bundle with demand for some upside solutions, providing enhanced patient engagement and digital marketing capabilities. We launched our online booking for Dentrix and Dentrix Ascend, our next generation cloud-based practice management system. In addition, we released the Dentrix Ascend quick exam module offering clinical decision support that helps adopt a focus on treatment plans relevant for the diagnosis. This is the first of its kind solution in the dental industry. We are very, very pleased with the progress that the joint venture is making and the R&D work, development work and the actual introduction of upgrades to the marketplace.

    Finally, we deployed our client-based -- cloud-based solution Dentrix Ascend in the UK, expanding its global footprint beyond the US and Australia. As we look ahead, we expect to release the next generation patient relationship management, PRM-- PRM platform later in the fourth quarter of 2018 bringing together several PRM solutions in the Henry Schein One portfolio.

    So before we open the call to questions, I would like to offer some prospects on the value-added solutions approach, which is focused on four key elements; education, one; service and support, two; software, three -- and innovation, three; and strong customer relationships. This model is one that we believe is worthwhile for us that stood the test of time. And as we advance our business, we will remain as the four pillars of our business, namely education, service and support, software and innovation and strong customer relationships.

    Last quarter, we discussed the examples of our high-touch approach to enabling our customers to provide best quality patient care, while optimizing efficiency in their practices. Today, we'd like to take that step one step further. Henry Schein recently launched our rely on Henry Schein brand campaign featuring three dental practices and the unique story that reflect the ambition. When we say unique, very unique to those practices but our stories that are repeated every day in the dental environment, thanks for Henry Schein. A unique story reflects our mission to help clinicians be more efficient, more successful so that they can focus on delivering the best quality care. This is henryschein.com/relyonus for specific examples of what would -- our view is that -- what we would argue is the invaluable consultation and timely service with support we deliver to our customers. And this was, of course, day in and day out. It is really important for our investors to understand the value-added service that we provide to our customers, which is the reason why we have the stickiness and in the end, the reason why we have gained market share for decades.

    So, this includes our strong clients' support capabilities, including the triage-like response when the practice owned by one of our Canadian customers burned to the ground and the customers lost all their patient records with no cloud-based backup, as well as losing all equipment and office supplies. You will see how we helped establish temporary operating space for those doctors -- doctors and helped them build a new (inaudible) state-of- the-art facility. When our customer was asked about Henry Schein's role in the recovery, the customer answer, they helped us. Somebody gives you a hand, and chose you when you were down. Come, I'm going to help you get up, a response to a customer from a customer who would help in an environment where the customer experienced some form of unanticipated damage in their practice.

    Next you'll see a fast action for multi-operatory practice in Maryland that had a perfect storm, and multiple pieces of critical X-ray equipment failed the same day causing half of the operatories to be down. Our customer spoke at Henry Schein -- of Henry Schein reassuring them and immediately focusing on next steps, including a temporary repair of the equipment so that these doctors could still see patients that day facilitating a quick turn on ordering replacement units. To quote our customers, Henry Schein is the company to go to that offers supplies, fixed support and HR support, continuing education. If I had to take the time to research and find the lowest price, it would take manpower and dollars. It's just not worth it. As a clinician, I would rather spend my time with my patients. Having said that, we believe our pricing is competitive, and therefore the combination of value-added services with solid good pricing is the winning formula as delivered by our highly educated and most efficient sales organization.

    Finally, in a great example of our day-to-day consulting experience, you will meet a doctor in Queens, New York, who relied upon Henry Schein as he contemplated opening a new practice in an emerging, underserved location. Our team helped this customer from start to finish, as he built his practice, including scouting of sales, of (inaudible) selecting of a contract, the designing of the office, choosing the right equipment especially in financing and marketing to new patients. The customer knows that dental school does not pay for this business, for the business aspects involved in dentistry, you learn as you go. Henry Schein is reliable, it finally helps to have someone to guide you toward what your vision is. We believe our high-tech full service value proposition makes a difference in the lives of our customers enabling them to focus on providing quality care and we think of no better way to convey that message that to have our customers tell their stories in their own words.

    With that operator, we'd like to open the call to questions.

    Questions and Answers:

    Operator

    (Operator Instructions) Your first question comes from Jeff Johnson with Baird.

    Carolynne Borders -- Vice President, Investor Relations

    Jeff, are you on the line?

    Jeffrey Johnson -- Robert W. Baird & Co. -- Analyst

    I am. Can you hear me OK, Carolynne?

    Carolynne Borders -- Vice President, Investor Relations

    Yes. Now we hear you.

    Jeffrey Johnson -- Robert W. Baird & Co. -- Analyst

    Okay. I am sorry about that. So a number of questions, but let me just focus here on the dental side and hope the others get picked up throughout the Q&A here, but Steve, maybe you could flesh out just a little better what you're seeing in the dental end market and if you could provide any color on the specialty market versus the general consumable market, maybe the growth rates you saw in each of the (technical difficulty). Any general commentary there, that would be helpful.

    Steven Paladino -- Executive Vice President, Chief Financial Officer and Member of the Board

    Sure. I would say that when we look at the North American dental market, we feel like the market is stable to improving. We saw really nice consumable sales growth in our North American dental side, as well as very solid equipment sales growth. With respect to dental specialty, dental specialty did grow a bit faster than our overall sales growth for consumables in the mid-single digits. When we look at international, we did see internationally, at least this quarter, some softer markets, especially on the equipment side. We're not sure that it's really a trend, we just think sometimes the ebbs and flows of each quarter, it was just a soft equipment sales market. So we're hopeful that we'll see improvements in the fourth quarter when we see our strongest quarter. So overall, dental, I would say is stable to improving with the slight exception of international equipment sales.

    Jeffrey Johnson -- Robert W. Baird & Co. -- Analyst

    All right, that's helpful. And then maybe if I could follow-up just on the CAD/CAM comments you made on some of those big growth rates. I think last year you said in the third quarter that you saw very little impact in that quarter from your newest CAD/CAM relationship as you were just coming off that meeting in Vegas. So I guess, my question is, once you anniversary now starting in fourth quarter kind of into a full relationship or a full year-over-year relationship with that, with your newest product there, you know how are you thinking about CAD/CAM growth versus DI growth? I just -- on a normalized basis, kind of, how do you see the growth in each of those technologies playing out over the next few years?

    Steven Paladino -- Executive Vice President, Chief Financial Officer and Member of the Board

    Well, we think there's going to be very strong growth in both categories. There are a big part of the market that want full systems, but there is also part of the market that wants the digital impressioning today because they are transitioning and they can get into CAD/CAM at a lower price and then over time they can get the milling machine. So overall, we feel -- we feel good about the overall CAD/CAM market for us and we think it will continue to be a nice grower for us. But clearly, some of these growth rates are impacted by the fact that we took on the Dentsply Sirona CEREC line last year during Q3. Important also to note Jeff, that we saw a reversal of digital imaging. We said last quarter that this digital imaging was very soft. So this quarter, we saw a rebound and we saw very strong growth in digital imaging also.

    Jeffrey Johnson -- Robert W. Baird & Co. -- Analyst

    Yep, that's helpful. Thank you, guys.

    Operator

    Your next question is from David Larsen of Leerink.

    David Larsen -- Leerink Partners -- Analyst

    Hi. For the North America dental growth rate of 4.7%, I mean, how sustainable are these trends? I mean they seem very robust to me. What do you think is driving that? And then, I'm sorry, I didn't quite catch the CAD/CAM year-over-year growth rate in scanners, or the CAD/CAM machines. What was that again, please?

    Steven Paladino -- Executive Vice President, Chief Financial Officer and Member of the Board

    Sure. Overall CAD/CAM was over 40% growth in the quarter year-over-year. On consumables, David, you know again, we think the market may have improved slightly, but for -- with a slight improvement in the North American consumable market. And really as we said in the conference call script, we believe that the bulk of the growth is really coming from us, our -- executing competition and growing our market share.

    David Larsen -- Leerink Partners -- Analyst

    Okay. And then what is the market's response then to the deal with Vets First Choice and Animal Health? How do they view the transaction? Do they view it favorably or not, what do they expect to gain from it once the deal closes? Thanks.

    Stanley M. Bergman -- Chairman of the Board and Chief Executive Officer

    David, I think generally from customers, I would say it's overwhelmingly positive. The sales force is excited. At the end of the day, in the Vets space, the big need is for compliance. In other words, with prescriptions issued -- in other words, making sure prescriptions that are issued are actually used, making sure that prescriptions are renewed. And generally, we believe that VFC Solution is the best in the marketplace. There are others that have solutions, but no one has the comprehensive offering that they have combined with the practice management systems from system. So generally, I think it's very well received, the morale in the company is quite good. It's a massive undertaking internally to separate these companies and specifically the infrastructure in Europe are making good progress. The filings have been made with the SEC with response to the first questions. We don't see really much of an issue and I think generally, this is a good strategy for overall Henry Schein. It allows us to focus on human and animal health and I think for the Animal Health team, it provides an opportunity to expand the value-added services in probably, I think a very unique way. I think we have something that is unique and actually needed by the marketplace, both needed by the suppliers and the customers.

    Jeffrey Johnson -- Robert W. Baird & Co. -- Analyst

    Great.

    Steven Paladino -- Executive Vice President, Chief Financial Officer and Member of the Board

    And I would just add on the Animal Health spin, we remain confident that the timing of the spin will be either late this year, very late this year or early in Q1. Again, we're making very good progress in filings and separation agreements and all of that. So everything seems to be on target at this point.

    Jeffrey Johnson -- Robert W. Baird & Co. -- Analyst

    Right. Thank you.

    Operator

    Your next question is from John Kreger with William Blair.

    John Kreger -- William Blair & Company -- Analyst

    Hi, thanks very much. Steve, I know you said that the VFC spend kind of prevents you from giving '19 guidance at this point, but can you maybe just talk a little bit generally, if you think about the Dental and Medical businesses in '19, would it be reasonable to expect a higher or lower growth than what you're generating now, and any kind of early outlook on your ability to drive margin leverage next year in those two businesses? Thanks.

    Steven Paladino -- Executive Vice President, Chief Financial Officer and Member of the Board

    Yes. You know there's really a lot of moving parts to providing guidance, including the exact timing of the spin-off, looking at the benefit that we will be receiving, so we still haven't fully quantified all of our restructuring costs. There may be some offset and some stranded costs, although we don't expect stranded costs to be material. We're still negotiating the TSAs, the Transitional Services Agreement with SpinCo, so that will have some impact. I would say that we still feel with all of those and that's why we elected not to provide guidance, because (technical difficulty) providing guidance. If this happens, this is our guidance. If this is the timing, this is our guidance and we thought it would be too confusing to do that. So we're just going to wait a little bit longer so there's more priority on that.

    You know with respect to Dental and Medical, we still feel like the businesses are performing well. We feel like top-line growth rates should be similar although we are looking at different initiatives as we've said a couple of times and ramping up growth in both our higher margin products, so things like the specialty businesses, things like technology and financial services. So the goal really is to get some margin expansion in next year's guidance. But again, it's premature and I don't want to give guidance before I'm giving guidance at this time.

    Stanley M. Bergman -- Chairman of the Board and Chief Executive Officer

    But to just follow up on Steven's point. It is this GAAP (ph) period and so everything is settled down. The thing is we don't know when it begins. We kind of know how many months after it begins, it ends. So we're in this period now where we are finalizing, putting to bed, all the key items in the spin and we need to settle down for a quarter or two, and then I think you will see pretty good results. At least we expect good results from the focus on the human side, medical, dental, prevention, wellness, all of those areas that we've articulated, adding to the value-added service component, and of course, the high margin areas in Dental and Medical. And I think on the other side of the ledger, the Vets First Choice team already -- also poised for good growth. So overall we are very optimistic.

    John Kreger -- William Blair & Company -- Analyst

    That's helpful, thanks. And maybe one quick follow-up. I believe the FTC hearing within Dental took place last month. Can you give us any update on what happened or maybe what the next steps will be in that -- in that dispute? Thank you.

    Steven Paladino -- Executive Vice President, Chief Financial Officer and Member of the Board

    Sure. Remember there are no monetary damages being sought in the FTC dispute. You know the trial is still ongoing. It's hard to tell how long it will last, it could be weeks, it could be longer. But based on how the trial is going, we feel good about our comments that we feel like we've done nothing wrong. But we still have to wait -- wait through the process.

    John Kreger -- William Blair & Company -- Analyst

    Okay, thank you.

    Operator

    Your next question is from Kevin Ellich with Craig-Hallum.

    Kevin Ellich -- Craig-Hallum Capital Group -- Analyst

    Good morning, thanks for taking the questions. Stan, I guess, wanted to go back to the strong high-tech dental equipment growth you're seeing in the US. Wondering what's really driving that, is it really the interoperability of the equipment and the new product offering and then how sustainable is that -- that growth that we're seeing?

    Stanley M. Bergman -- Chairman of the Board and Chief Executive Officer

    So that's a good question. And yes, you've hit the nail on the head. I think I don't want to go back too far in the history, but in the '90s, we went to the dentists in this country and said, what you want to do is put in a PC to help you run a more efficient practice. And we said to them about a decade later, what you want to do is you want to put in electronic medical records to help you manage the clinical aspects of your practice more efficiently. And then if you fast forward that, and we went to the dentist about five years or six years ago and said what you now want to do is digitalize your practice; change the flow so that you can replace analog with digital dentistry. And my view is that our discussions with the dentists have gained credibility and that more and more dentists are understanding the importance. Of course, we're working with a number of manufacturers in this area, but aligning with Sirona, Dentsply Sirona in advancing the idea of interoperable digitalization of the practice is gaining momentum.

    I still believe we're in the early stages of this. I think we will get even more momentum. First, if you got the DI part, that will continue to grow and then the fully integrated system will also gain momentum. One area that I think is not necessarily always understood by investors is the fact that this same exercise is taking place in parallel in the dental labs. And so there's a lot of opportunity there in the dental labs for the digitalization of the labs, interoperability between the labs and the dentists, and this is all an area that Henry Schein One is significantly focused on.

    So I think the technology will advance. I think that the interoperability will advance and the overall digital work stream will become far more understood, far simple to use and as with any technology advancement, will become part of the day-to-day operations (technical difficulty). We are not there yet and there's probably 70% of dentists that will begin this journey and we think we're in the right position to help dentists advance in this journey of interoperable digital dentistry. And I'm very, very excited that this is a key strategy that we put in place in our last strategic plan. We executed well. I think there is a huge opportunity for this strategic plan of 2018, 2019 and 2020 to advance with the strategy. Very, very happy with our team, and very happy with the attention we're getting in the marketplace, but actually think we're still pretty early in the day.

    Kevin Ellich -- Craig-Hallum Capital Group -- Analyst

    Okay, that's very helpful, Stan. And then, just want to switch over to the Animal Health business, kind of wrapping a question then for Steve. Wondering if you're seeing any increased competition from kind of the online retailers and any changes from the manufacturers? Then on top of that, when you finish the Animal Health spin, can you remind us what the capital deployment strategy will be from the capital, the cash that you're going to get, what do you plan to do with it, Steve? Thanks.

    Steven Paladino -- Executive Vice President, Chief Financial Officer and Member of the Board

    Sure. So I would say that online players in Animal Health, as well as in other areas of our business have been in the market, there really is no major changes in the market penetration. They still can provide a lot of the services and value-add that we provide in Animal Health. So they're out there but nothing really of a major change. Similarly with manufacturers I would say that -- well, sometimes manufacturers flipped from agency to traditional and vice versa. Other than that, really no major changes in the major manufacturers' plans on Animal Health.

    The last part of your question, so as part of the spin-off, SpinCo will pay a dividend of somewhere between $1 billion and $1.2 billion to Henry Schein. That dividend will be tax free for Henry Schein, so there's no taxes paid on it. We'll will use that money initially to pay down our revolving credit facility. There is some restrictions on what can be done with the money immediately, but once we pay down our existing debt, then all those restrictions go away and we can use it for any purpose. That dividend will allow Henry Schein to have a very strong balance sheet, probably slightly over 1 turn of debt to EBITDA and our capital allocation strategy will remain consistent with what you've seen. We'll continue to look to grow the business through strategic acquisitions, and we'll continue to look at opportunities for buying back our stock to return cash on the tax advantage way back to our shareholders.

    Kevin Ellich -- Craig-Hallum Capital Group -- Analyst

    Sounds good. Thank you.

    Operator

    Your next question is from Jonathan Block with Stifel.

    Jonathan Block -- Stifel Nicolaus and Company -- Analyst

    Hey, guys, good morning. Thanks for taking the questions. Maybe the first one, just to circle back to North American dental, you know you guys have done a really good job accelerating the North American consumable number to foreign chains the past couple of quarters. Just looking forward the comp gets more difficult entering '19. Stanley or Steven, how do we think about that number longer term? I guess, do you still think you got the market share gains in the markets on better footing where we can continue to see you post that 4% plus handle or is this somewhat the beneficiary of an easier comp that we've seen in the past couple of quarters? And then I've got a follow-up.

    Stanley M. Bergman -- Chairman of the Board and Chief Executive Officer

    I'm not sure if it's directly related to the easier comp. I mean, every quarter, slightly different, but generally we're feeling pretty good about the consumable side of our business. I think our model, as we discussed at length in the conference call of value-added services, are really helping the practitioner operate a better business, so that they can provide better clinical care works. The investment in infrastructure, e-commerce, Henry Schein One, and the training of our field sales consultants, all of that, I believe, adds to the value we bring to the marketplace and positions us to gain market share. So we can't obviously predict with precision each quarter going forward, but what I think we are pretty comfortable with is that the market is growing slightly and that we will add to that market growth a couple of 100 basis points each year. And that's sort of been our position for a while and we remained confident with that, both growing in the small practices, the medium-sized practices and the large practices. Obviously, we are a bit more bullish on -- not bit more, we are quite bullish on the specialty areas. Having said that, the specialty areas will not necessarily contribute to moving the needle significantly on sales because it's relatively small compared to the entire consumable market, but will drive margin as the specialty areas tend to be much more profitable and also will drive connectivity on the sale of equipment and software.

    So, I think to answer your question, we are quite bullish. So on the consumable side, in general consumables, I think there is a big opportunity for us in the specialty areas. These two combined with the value-added services, I think will increase our overall sales of consumables equipment, and yes margin.

    Jonathan Block -- Stifel Nicolaus and Company -- Analyst

    That's a great color and actually a really good segue to my next one, which is, you guys have talked recently about some of the Company's initiatives for margin expansion. It looks like some of those may have already started to take hold. Your 3Q GMs were up versus the contraction we saw in the first part of the year. So Stanley, are we seeing that starting to flow through the P&L, or the margin, the GM expansion that we saw specific to 3Q, is that more just the ebbs and the flows? I guess -- are you feeling like some of the heavy lifting that the Company started to do around gross margins are starting to take hold? Thanks, guys.

    Thanks guys.

    Stanley M. Bergman -- Chairman of the Board and Chief Executive Officer

    Yeah, I'm not sure if you could judge each quarter in a stand-alone segment. Having said that, we feel pretty comfortable that we will continue to drive gross margin. The Henry Schein One opportunity is helpful, the specialty areas are helpful. We made some acquisitions now, some one-time step up in inventory. (inaudible) I think the specialty areas also increased margin as well on a consistent basis. And so I think in general, we are managing our margins as carefully as possible as we have done. So this all adds to margin management. I think that you will see on the expense side, also good management. Obviously the structuring is helping, but at the same time we are investing technology in the business here. I don't think we are investing in massive ERP type investments.

    Having said that, there are parts in Europe where we are standardizing systems. We are adding a CRM in both America, upgrading what we have. There is a lot of investment going into e-commerce. I believe we have a very good website already in most countries, but we are investing in that area. We put in a new equipment sales and service system, quite expensive, almost installed, very expensive in terms of P&L costs, but I think we will be very profitable over time as the efficiencies increase in our equipment sales and service network. And I think we'll see some payoff not only because the Henry Schein One margins are higher, but because those margins increase as the cloud-based system becomes more popular. So I'm quite bullish about our margins -- gross margins and our ability to leverage the relatively fixed volume of business or growing volume of business that we will put on the sales side with relatively fixed cost infrastructure or reducing cost infrastructure. So you add all that stuff up and we remain quite comfortable that we can increase gross margins and operating margins, taking you all those factors into account.

    Jonathan Block -- Stifel Nicolaus and Company -- Analyst

    Great. Thanks gentlemen.

    Operator

    Your next question is from Steven Valiquette.

    Steven Valiquette -- Barclays -- Analyst

    Thanks for taking the question. So, you guys highlighted the deals for the dental implant manufacturing assets toward the end of the quarter. Just curious, at a high level if -- if Henry Schein overall is making any strategic effort to increase the manufacturing asset mix in Dental and/or Medical which may allow for just more pricing power versus peers, or do you just continue to look at each M&A opportunity on an individual basis without worrying too much about your distribution versus manufacturing mix? Thanks.

    Stanley M. Bergman -- Chairman of the Board and Chief Executive Officer

    We have been very clear as to when we invest in manufacturing. Our focus has been primarily on the specialty areas. Our manufacturers are not giving us access to lines. We began this process 14 years ago with the analog, then we advanced it with (inaudible) with some other equipment property. Likewise on the orthodontics side and in the endodontic side -- and the endodontic side. So there's lots and lots of opportunity on the specialty side in Dental. Similar opportunities, although much earlier in the cycle on the Medical side. And those are the areas we plan on focusing on. We will continue to advance our private branded generics, if you will, but we'll be very circumspect about how we do that. Bottom line is, we have adequate -- more than adequate sourcing of products and manufacturers are tending to work with us where we can help them grow market share and where manufacturers work with us and they see the value is no real reason to vertically integrate. We'd rather have the manufacturers, put the capital to use on the manufacturing and us advance the value-added services and market share for those manufacturers that want to work with us. Having said that, when we cannot access the product, we will make it, whether it's a dental chair that we couldn't access some years back and we brought to market dental equipment offering. We sold the business, there was no need for that. We couldn't access scanners and digital equipment, operatory equipment, so investment in E4D. When we took on the line, the Sirona -- the Dentsply Sirona line, we were able to exit that market too. So generally, it's a careful balancing of what we need, products we need, with opportunities that manufacturers bring to us. Advancing our private brand with pricing is an issue and so this is the kind of stuff we've been managing for decades and feel that we can balance the needs of everyone, and our goal is to help those manufacturers that want to work with us, succeed and at the same time, make sure that every product that dentists may need or a physician may need is available through Henry Schein.

    Steven Valiquette -- Barclays -- Analyst

    Okay. Just on the implant market overall, and are you seeing big differences in growth rates in the market between the lower-priced generic implant growth versus the higher-end brand? Is there a big dichotomy there right now in growth rates that you're seeing?

    Steven Paladino -- Executive Vice President, Chief Financial Officer and Member of the Board

    Well the lower priced is growing in terms of units, but the upper end is doing well. We think that the value at upper end is where we need to be. I will say that there are parts of the world where growth is faster, certainly in Asia, the developing world, and say in parts of Europe. But I -- setting aside the geographic -- this variation, I would say generally, the higher priced implants where there is a lot more R&D and service behind the product line, also is generally doing well, but we've closed and the generics are growing and in certain markets like more in terms of units. But overall, we believe the implant market, the bone regeneration market, the products around the implant and the equipment focused on the oral surgeons all good markets and we are doing well. I believe we have the widest variety of products under one roof and we'll continue, I believe, to do very well in these markets. This is a carefully pull-through strategy that's been building blocks that we've built on for over a decade and pretty comfortable with this marketplace. So our management team -- we believe we have an excellent management team in this space and continue to be very, very excited about the oral surgery space.

    Steven Valiquette -- Barclays -- Analyst

    Okay, great thanks.

    Operator

    And we have reached the allotted time for questions and answers. Speakers, do you have any closing remarks?

    Stanley M. Bergman -- Chairman of the Board and Chief Executive Officer

    Thank you, operator. Thank you very much, everybody for calling in. We remain very, very optimistic about the future of Henry Schein, and the morale in the Company is very good. We have been able, once again to develop very solid strategy for the strategic plan, almost one-third of the way through the plan, made some sort of very significant moves, the spin-off of VFC, the Henry Schein One creation, the investments and implants, efficiencies in our systems, adding appropriate senior management, middle management, entry-level management where needed, I think the organization is finely tuned to continue to execute on our plans, and so we are very, very excited with where we are and where we're heading. If anybody has any questions, please feel free to reach out to Carolynne Borders in Investor Relations, (631) 390-8105. If you want to speak with Steven, Carolynne can connect you through. So thank you very much, and I'm not sure if we are going to have any more investor conferences this year. So this will be (inaudible).

    Carolynne Borders -- Vice President, Investor Relations

    We'll be at Credit Suisse on November 13.

    Stanley M. Bergman -- Chairman of the Board and Chief Executive Officer

    So Credit Suisse November 13, and then we'll be on the West Coast in January. So thank you very much. And appreciate your interest.

    Operator

    This concludes today's conference. You may now disconnect.

    Duration: 62 minutes

    Call participants:

    Carolynne Borders -- Vice President, Investor Relations

    Stanley M. Bergman -- Chairman of the Board and Chief Executive Officer

    Steven Paladino -- Executive Vice President, Chief Financial Officer and Member of the Board

    Jeffrey Johnson -- Robert W. Baird & Co. -- Analyst

    David Larsen -- Leerink Partners -- Analyst

    John Kreger -- William Blair & Company -- Analyst

    Kevin Ellich -- Craig-Hallum Capital Group -- Analyst

    Jonathan Block -- Stifel Nicolaus and Company -- Analyst

    Steven Valiquette -- Barclays -- Analyst

    More HSIC analysis

    Transcript powered by AlphaStreet

    This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

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    CDW-G Achieves Gold Certification from Cisco Systems, Inc.; Certification Recognizes CDW-G for Commitment to Customer Service and Technology Expertise | killexams.com real questions and Pass4sure dumps

    VERNON HILLS, Ill.--(BUSINESS WIRE)--July 24, 2006--CDW Government, Inc. (CDW-G), the government and education subsidiary of CDW Corporation (NASDAQ:CDWC) and leading supplier of brand-name Information Technology (IT) products and services to governments and educators, announced today it has achieved Gold Certification from Cisco Systems(R). To earn Gold Certification, CDW-G had to meet or surpass the stringent personnel, training, customer satisfaction, specialization and post-sales support requirements set forth by Cisco.

    "Cisco's channel program recognizes and rewards partners that meet our exacting requirements for delivering superior Cisco solutions," said Surinder Brar, senior director, Worldwide Channels for Cisco. "CDW-G has consistently proven its ability to deliver tailored Cisco solutions that meet the unique, pressing needs of its government, education and healthcare customers. We look forward to a continued relationship with CDW-G."

    Cisco Gold Certification will provide CDW-G with the resources to augment its existing Cisco offerings with value-added services and integrated solutions, as well as allow CDW-G to expand support options for customers. Moreover, CDW-G will utilize additional resources to improve its delivery of advanced Cisco solutions, including:

    -- Expanded Technical Training: As a Cisco Gold partner, CDW-G maintains multiple technology specializations for its team of more than 50 Cisco specialists. Cisco Gold allows CDW-G to further expand its technical expertise in multiple integrated technologies through a structured training program

    -- Access to Training and Product Information: Cisco Gold Certification also provides top-level validation of CDW-G's advanced technology skills, up-to-date knowledge about Cisco products and Cisco Lifecycle Services support capabilities. To further enhance those capabilities, Cisco Gold resources also include increased access to the Cisco technical support teams, as well as access to password-protected Web sites with real-time product and training information

    -- Expanded Customer Satisfaction Tools: CDW-G's Cisco Gold Certification will support expanded feedback via the same online customer satisfaction evaluation tools Cisco uses to evaluate its own performance, allowing CDW-G to develop a deeper, more responsive relationship with its Cisco customers

    In line with CDW-G's commitment to respond with a sense of urgency to its customers' pressing technology needs, the company met Cisco's strict requirements for customer problem resolution - providing technical services and achieving problem resolution within one hour of receiving a customer inquiry and responding within 24 hours to each request for on-site assistance. These rigorous support requirements highlight CDW-G's commitment to supporting its public-sector customers and their mission-critical IT infrastructures.

    "Cisco Gold Certification underscores the depth of CDW-G's technical expertise and strength of our professional services team," said Kenneth Grimsley, CDW vice president of strategic sales. "Achieving Cisco Gold Certified partner status demonstrates that CDW-G meets or exceeds Cisco's stringent standards for performance and provides a host of value-added resources to fortify our solutions capability."

    About CDW-G

    A wholly owned subsidiary of CDW Corporation (NASDAQ: CDWC), a FORTUNE 500 company, CDW Government (CDW-G) is a trusted technology advisor to federal, state and local government agencies, as well as to educational institutions at all levels. CDW-G offers best-in-class technology products and services from top-name brands such as Apple, Cisco, HP, IBM, Microsoft, Sony, Symantec and Toshiba. For more information about CDW-G product offerings, procurement options, service and solutions, call 1.800.863.4239, or visit the CDW-G Web site at CDWG.com.


    Open Text (OTEX) Mark J. Barrenechea on Q4 2016 Results - Earnings Call Transcript | killexams.com real questions and Pass4sure dumps

    No result found, try new keyword!The negative effect of $80 million by revenue type is broken down as follows: License $15 million; cloud $19 million; customer support $33 million; and professional services $13 ... integrated sales f...


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