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NetApp reports record Q1 FY27 growth and raises full-year guidance

NetApp said Q1 FY27 revenue rose 29.9% year-over-year, driven by AI and hybrid multicloud demand. It raised full-year guidance for revenue, margins and EPS, with cash flow strength and AI/cloud-led growth.

NTAP

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08:08:19 PM UTC
SquawkNews
Record quarterly revenues and earnings driven by strong growth in Hybrid and Public Cloud segments, with significant gains in all-flash arrays and AI-focused innovations. Raised full-year guidance and continued strategic investments, including the acquisition of DataPelago.Original document: NetApp…

Record quarterly revenues and earnings driven by strong growth in Hybrid and Public Cloud segments, with significant gains in all-flash arrays and AI-focused innovations.

Raised full-year guidance and continued strategic investments, including the acquisition of DataPelago.Original document: NetApp…