NetApp said net revenues for fiscal 2025 Q1 (ended July 26, 2024) were $1.54 billion, up 8% from $1.43 billion a year earlier, and GAAP net income was $248 million (compared with $149 million a year earlier).

1. 01

   NetApp said net revenues for fiscal 2025 Q1 (ended July 26, 2024) were $1.54 billion, up 8% from $1.43 billion a year earlier, and GAAP net income was $248 million (compared with $149 million a year earlier).

2. 02

   The company said GAAP operating margin for Q1 was 18% and non-GAAP operating margin was 26%. It said GAAP diluted net income per share was $1.17 (compared with $0.69 a year earlier) and non-GAAP diluted net income per share was $1.56 (compared with $1.15 a year earlier).

3. 03

   NetApp said cash provided by operations for Q1 was $341 million (compared with $453 million a year earlier), and that it returned $507 million to stockholders through share repurchases and cash dividends.

4. 04

   The company gave net revenues guidance for fiscal 2025 of $6.480 billion to $6.680 billion, GAAP earnings per share guidance of $5.17 to $5.37, and non-GAAP earnings per share guidance of $7.00 to $7.20.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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