secwatch.observer — SEC 8-K summary
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Issuer:     NetApp, Inc. (NTAP)
CIK:        0001002047
Form:       8-K
Filed at:   2024-11-21T23:59:59+00:00
Accession:  0000950170-24-129714
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NetApp Q2 FY2025 revenue $1.66B (+6% YoY); GAAP EPS $1.42, non-GAAP $1.87; raises FY guidance
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- GAAP net income $299M vs $233M YoY; non-GAAP net income $392M vs $334M YoY.
- All-flash array annualized net revenue run rate hit record $3.8B, up 19% YoY.
- Q3 guidance: revenue $1.610B–$1.760B; non-GAAP EPS $1.85–$1.95.
- Full-year FY2025 revenue guidance raised to $6.540B–$6.740B; non-GAAP EPS $7.20–$7.40.
- Returned $406M to shareholders via buybacks and dividends; next $0.52 dividend payable Jan 22, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1002047/000095017024129714/0000950170-24-129714-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1002047/000095017024129714/ntap-20241121.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-129714

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer