NetApp: Cautious Outlook Damps Strong Figures – Hope for AI-Driven Impulses
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Solid quarter NetApp, specializing in storage solutions and data management for hybrid cloud infrastructures, presented solid results in the fourth quarter. The adjusted earnings were at $1.93 per share, with revenue reaching $1.73 billion – both slightly exceeding analysts' expectations. The company helps businesses manage their data efficiently across cloud environments. After a weaker start, the stock closed unchanged on Friday. Cautious outlook from the new CFO For the current quarter, management now expects earnings between $1.48...
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