Solid Q1'25 figures from NetApp
NetApp reported its Q1'25 numbers yesterday after market close, with sales growing 8% y-o-y, product sales 13% and new billings 12%. These are the strongest growth rates in more than two years across the board, showing the solid momentum around data storage products and solutions, despite a challenging macro environment. Q1 figures hit or exceeded the provided guidance, and also FactSet consensus in general. NetApp highlighted an uncertain macro environment and pressure on IT budgets, but as a result of the good execution, still raised the FY guidance slightly.
Aktuellt
SENASTE
