NTAP revenue rises 30% and net income up 61% YoY
Net revenues grew 30% year-over-year to $2.03 billion. Net income increased 61% to $375 million, supported by product and cloud growth, DataPelago acquisition, and cost optimization.
Net revenues rose 30% year-over-year to $2.03 billion, while net income increased 61% to $375 million, supported by strong product and cloud growth, the DataPelago acquisition and cost optimization. The company said it remains focused on managing supply chain risks and maintaining robust liquidity.