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flag NetApp's Q2 earnings surpass expectations, driven by robust cloud storage services growth.

flag NetApp reported strong Q2 results, surpassing earnings and revenue expectations. flag The company's Hybrid Cloud segment revenue grew to $1.49 billion, and Public Cloud segment revenue reached $168 million. flag NetApp's CEO attributed the success to their data infrastructure and cloud storage services. flag Shares rose over 4% in after-hours trading, and the company increased its annual profit and revenue forecasts for fiscal 2025, citing high demand for data storage services and AI integration in cloud platforms.

5 months ago
23 Articles