NetApp, Inc. (NASDAQ:NTAP ) Q2 2025 Earnings Conference Call November 21, 2024 5:30 PM ET Company Participants Kris Newton - VP, IR George Kurian - CEO Mike Berry - CFO Conference Call Participants Asiya Merchant - Citigroup Amit Daryanani - Evercore Tim Long - Barclays Jason Ader - William Blair Simon Leopold - Raymond James Joe Cardoso - JPMorgan Param Singh - Oppenheimer Ruplu Bhattacharya -...
NetApp stock gained after data storage firm's fiscal second quarter results beat estimates for earnings and sales. The post NetApp Stock Jumps On Earnings Beat For Enterprise Data Storage Firm appeared first on Investor's Business Daily.
NetApp raised its profit and revenue forecast for fiscal 2025 on Thursday, banking on strong demand for data storage services as clients upgrade their cloud infrastructure, sending the company's shares up around 4% in extended trading.
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp (NASDAQ: NTAP), the intelligent data infrastructure company, today reported financial results for the second quarter of fiscal year 2025, which ended on October 25, 2024. “Our strong Q2 performance was driven by another record-breaking quarter in all-flash storage and strong performance in first party and marketplace cloud storage services,” said George...
NetApp's Q1 2025 earnings were underwhelming, but the company is evolving from traditional storage to "intelligent data infrastructure," integrating with major cloud providers. The AFF A-series and AI investments are strengthening NetApp's market position, though full transformation will take time. Valuation shows NTAP is mildly overvalued; profitability is solid, but revenue growth lags behind...
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