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NetApp (NASDAQ:NTAP – Get Free Report) issued an update on its FY 2024 earnings guidance on Monday morning. The company provided earnings per share guidance of 6.050-6.250 for the period, compared to the consensus earnings per share estimate of 5.730. The company issued revenue guidance of $6.2 billion-$6.2 billion, compared to the consensus revenue estimate […]
The cloud stock seems to have recovered from a multiyear slump.
Principal Street Partners LLC cut its position in shares of NetApp, Inc. (NASDAQ:NTAP – Free Report) by 3.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 74,615 shares of the data storage provider’s stock after selling 3,044 shares during the quarter. NetApp accounts […]
In a strategic move aimed at transforming virtualisation and cloud computing firm VMware into a subscription-based business, Broadcom has officially ceased the sale of perpetual licenses for VMware products.
NetApp (NASDAQ:NTAP – Get Free Report) updated its third quarter 2024 earnings guidance on Monday. The company provided earnings per share guidance of 1.640-1.740 for the period, compared to the consensus earnings per share estimate of 1.530. The company issued revenue guidance of $1.5 billion-$1.7 billion, compared to the consensus revenue estimate of $1.6 billion. […]