NetApp Reports Increased Revenue and Profit for Q4 2024

Friday, 31 May 2024, 13:21

NetApp, Inc. (NASDAQ: NTAP) posted strong financial results for the fourth quarter of 2024, with a 6% growth in revenue reaching $1.67 billion. The company also reported a rise in adjusted earnings, with Hybrid Cloud revenue increasing to $1.52 billion. These positive figures indicate a successful quarter for NetApp with promising financial performance.
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NetApp Reports Increased Revenue and Profit for Q4 2024

NetApp Q4 2024 Earnings Report

NetApp, Inc. (NASDAQ: NTAP) has announced its financial results for the fourth quarter of 2024, showcasing a notable 6% increase in revenue. The company's total revenue for the quarter reached $1.67 billion, reflecting a positive uplift in financial performance. The Hybrid Cloud revenue specifically showed growth, rising to $1.52 billion from $1.43 billion in the previous year.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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