NetApp Q3 revenue $1.61B, up 5% YoY; GAAP EPS $1.48; record gross margins 72%

NetApp, Inc.

2024-Q3 EPS reported $3.26 revenue$4,600,000,000

Net revenues $1.61B (+5% YoY); GAAP net income $313M vs $65M; GAAP EPS $1.48 vs $0.30.
Non-GAAP EPS $1.94 vs $1.37; Non-GAAP operating margin 30% (record); all-flash array ARR $3.4B (+21%).
Q4 guidance: revenue $1.585B-$1.735B; non-GAAP EPS $1.73-$1.83.
Full-year FY2024 guidance updated: revenue $6.185B-$6.335B; non-GAAP EPS $6.40-$6.50.
Cash dividend $0.50/share payable Apr 24, 2024; returned $203M to shareholders in Q3.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NetApp, Inc. reported financial results for the third quarter of fiscal year 2024.

Period: the third quarter of fiscal year 2024
Result: reported results

Exact text from the filing

On February 29, 2024, the Company issued a press release reporting financial results for the third quarter ended January 26, 2024.

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

NetApp, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-24-023060

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