AI English summary of an SEC filing — figures as filed
The company said net revenues for fiscal 2025 Q2 (ended October 25, 2024) were $1.66 billion, up 6% from $1.56 billion a year earlier. Hybrid Cloud segment revenue was $1.49 billion, and Public Cloud segment revenue was $168 million.
Key points
AI summaryThe company said net revenues for fiscal 2025 Q2 (ended October 25, 2024) were $1.66 billion, up 6% from $1.56 billion a year earlier. Hybrid Cloud segment revenue was $1.49 billion, and Public Cloud segment revenue was $168 million.
NetApp said GAAP net income for Q2 was $299 million ($233 million a year earlier), and diluted GAAP net income per share was $1.42 ($1.10 a year earlier). Non-GAAP net income was $392 million, and non-GAAP net income per share was $1.87.
The company said its outlook for fiscal 2025 third quarter net revenues is $1.610 billion to $1.760 billion, and its full-year net revenues outlook is $6.540 billion to $6.740 billion. Its full-year GAAP earnings per share outlook is $5.48 to $5.68, and its non-GAAP outlook is $7.20 to $7.40.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.
Q2 Net Revenues of $1.66 billion, Up 6% Year over Year
The company said net revenues for fiscal 2025 Q2 (ended October 25, 2024) were $1.66 billion, up 6% from $1.56 billion a year earlier. Hybrid Cloud segment revenue was $1.49 billion, and Public Cloud segment revenue was $168 million.
Source · Based on the filing body and exhibits
GAAP Net Income of $299 million, or $1.42 per Share
NetApp said GAAP net income for Q2 was $299 million ($233 million a year earlier), and diluted GAAP net income per share was $1.42 ($1.10 a year earlier). Non-GAAP net income was $392 million, and non-GAAP net income per share was $1.87.
Source · Based on the filing body and exhibits
Q3 Results and Full-Year Outlook
The company said its outlook for fiscal 2025 third quarter net revenues is $1.610 billion to $1.760 billion, and its full-year net revenues outlook is $6.540 billion to $6.740 billion. Its full-year GAAP earnings per share outlook is $5.48 to $5.68, and its non-GAAP outlook is $7.20 to $7.40.
Source · Based on the filing body and exhibits
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
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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