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NetApp Q4 Non-GAAP EPS, Revenue Increase; Q1, Fiscal 2025 Outlook Issued
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NetApp Q4 Non-GAAP EPS, Revenue Increase; Q1, Fiscal 2025 Outlook Issued
May 30, 2024 1:33 PM

04:20 PM EDT, 05/30/2024 (MT Newswires) -- NetApp ( NTAP ) reported Q4 non-GAAP earnings late Thursday of $1.80 per diluted share, up from $1.54 a year earlier.

Analysts polled by Capital IQ expected $1.79.

Net revenue for the quarter ended April 26 was $1.67 billion, up from $1.58 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.65 billion.

The company said it expects Q1 non-GAAP EPS between $1.40 and $1.50 and net revenue between $1.46 billion and $1.61 billion. Analysts polled by Capital IQ expect $1.44 and $1.53 billion.

The company expects fiscal 2025 non-GAAP EPS between $6.80 and $7.00 and net revenue between $6.45 billion and $6.65 billion. Analysts surveyed by Capital IQ expect $6.73 and $6.52 billion, respectively.

Price: 116.00, Change: -0.50, Percent Change: -0.43

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