Revenue segments as reported by the company.

Product

Services

Software maintenance

Hardware maintenance and other services

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Sales and marketing

Research and development

General and administrative

Restructuring charges

Acquisition-related expense

Gain on sale or derecognition of assets

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

NetApp

NetApp, Inc. provides software, systems, and services to manage and share data on-premises, and private and public clouds worldwide. The company offers cloud data services, including NetApp Cloud Volumes Service for AWS, NetApp Cloud Volumes ONTAP, NetApp Cloud Sync, NetApp Cloud Secure, NetApp Cloud Tiering, NetApp SaaS Backup, NetApp Kubernetes Service, and NetApp Cloud Insights. It also provides cloud infrastructure solutions, such as FlexPod, a portfolio of pre-validated designs and integration, NetApp HCI for public cloud consumption experience, and NetApp StorageGRID, a software-defined object-based storage solution. The company also offers storage systems and software, including all-flash arrays that support data management, hybrid arrays to deploy the speed of flash storage, the NetApp ONTAP storage operating system, NetApp ONTAP Select, which offers robust enterprise storage services, NetApp MAX Data, NetApp FlexArray storage virtualization software, NetApp OnCommand API Services, NetApp Active IQ software, NetApp data availability services, NetApp SnapCenter backup management software, NetApp SnapMirror data replication software, NetApp MetroCluster business continuity software, NetApp SnapLock data compliance software, the NetApp SANtricity storage operating system, and the NetApp Element operating system. It provides software maintenance, hardware maintenance, and other services, including professional services, global support solutions, and customer education and training. The company serves the energy, financial services, government, high technology, Internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications sectors through a direct sales force and an ecosystem of partners. NetApp was founded by David Hitz, James K. Lau and Michael Malcolm in April 1992 and is headquartered in San Jose, CA.

Earnings data Q1 2021

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NetApp exceeds Q4 expectations, anticipates decline in FY 2024 revenue

NetApp delivered strong Q4 results, but faces challenges with declining segment revenues and an expected decline in total revenue for fiscal year 2024. However, the company's focus on digital transformation projects, new product introductions, and returning free cash flow to shareholders highlights its strengths and opportunities for future growth. The emphasis on AI applications, cloud optimization, and product innovation positions NetApp to capitalize on evolving market trends.

NetApp reports solid start to FY '24 amidst cloud challenges

NetApp's Q1 performance reflects a mixed picture with strengths in cloud storage and consumption, but challenges in subscription and hybrid cloud revenue. The company remains confident in the growth potential of their Public Cloud business and is focused on addressing optimization trends and refining their portfolio and pricing.

NetApp exceeds Q3 expectations, focuses on cost control and growth

NetApp's Q3 performance demonstrated resilience amidst challenges, with a strategic focus on cost control and market alignment for future growth.
While facing headwinds in deal sizes and revenue, the company's strengths in CloudOps and competitive pricing position it well for opportunities ahead.
Navigating challenges in the tech sector, NetApp remains optimistic about driving growth through operational efficiency and market responsiveness.

NetApp exceeds Q4 expectations, eyes AI and cloud growth

NetApp delivered strong Q4 results, setting records for operating margin and EPS, with a focus on margin expansion and profitability.
The company is strategically positioned to leverage AI and cloud opportunities, aiming for a 55% product margin target in 2024.
Challenges include revenue decline expectations for FY 2024 and the need to improve billings, while opportunities lie in lower cost NAND technology and cloud optimization.
Overall, NetApp's performance reflects resilience in the face of challenges, with a clear strategy to drive growth and innovation in the coming year.

NetApp (NTAP) beats Q1 expectations, eyes cloud growth opportunities

NetApp (NTAP) exceeded Q1 2024 guidance, with strengths in AI storage, cloud partnerships, and go-to-market changes. Challenges include declines in Hybrid Cloud and all-flash array segments, as well as subscription business issues. Opportunities in cloud growth, product refinement, and pricing optimization.

NetApp beats Q2 expectations, eyes growth amidst cloud challenges

NetApp's Q2 performance exceeded expectations with record margins and profitability measures.
The company faces challenges from soft demand and cloud subscription headwinds.
However, strategic partnerships and product innovations present growth opportunities.
Overall, NetApp remains confident in its momentum and unified data storage solutions.

NetApp exceeds Q3 expectations, eyes growth in cloud services

NetApp's Q3 FY '24 earnings call showcased exceptional performance, strength in all-flash solutions and cloud services, challenges in U.S. public sector revenue, and opportunities for growth in fiscal year '25. The company's focus on innovation, go-to-market execution, and investment in product development positions it for continued success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

NetApp, Inc. engages in the provision of software, systems, and services to manage and share data on-premises, and private and public clouds worldwide. The company offers cloud data services, including NetApp Cloud Volumes Service for AWS, NetApp Cloud Volumes ONTAP, NetApp Cloud Sync, NetApp Cloud Secure, NetApp Cloud Tiering, NetApp SaaS Backup, NetApp Kubernetes Service, and NetApp Cloud Insights. It also provides cloud infrastructure solutions, such as FlexPod, a portfolio of pre-validated designs and integration, NetApp HCI for public cloud consumption experience, and NetApp StorageGRID, a software-defined object-based storage solution. The company also offers storage systems and software, including all-flash arrays that support data management, hybrid arrays to deploy the speed of flash storage, the NetApp ONTAP storage operating system, NetApp ONTAP Select, which offers robust enterprise storage services, NetApp MAX Data, NetApp FlexArray storage virtualization software, NetApp OnCommand API Services, NetApp Active IQ software, NetApp data availability services, NetApp SnapCenter backup management software, NetApp SnapMirror data replication software, NetApp MetroCluster business continuity software, NetApp SnapLock data compliance software, the NetApp SANtricity storage operating system, and the NetApp Element operating system. It provides software maintenance, hardware maintenance, and other services, including professional services, global support solutions, and customer education and training. The company serves the energy, financial services, government, high technology, Internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications sectors through a direct sales force and an ecosystem of partners. The company was founded by David Hitz, James K. Lau and Michael Malcolm in April 1992 and is headquartered in San Jose, CA.

Glu Mobile

Block

Earnings results hurt these stocks a lot more than the overall market.

Why Square, Glu Mobile, and NetApp Slumped Today

The hybrid cloud company reported disappointing preliminary results and cut its outlook.

Why NetApp Stock Cratered Today

NetApp Inc. (NASDAQ: NTAP) shares were crushed on Friday after the firm announced preliminary results for the first quarter of fiscal 2020.

Why NetApp Is Getting Absolutely Crushed

NetApp (NTAP) provides drab first-quarter results and trims fiscal 2020 guidance on macro headwinds impacting storage business.

NetApp (NTAP) Posts Soft Q1 Preliminary Results, Cuts '20 View

NetApp Inc. NTAP, -1.33% said Thursday afternoon that its fiscal year got off to a worse start than expected, and trading was halted for the stock.

NetApp warns that earnings, revenue will come in well below forecast

NetApp’s Q4 results had spooked the markets.

NetApp: Don't Miss The Forest For The Trees

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5 Companies Boosting Earnings (July 09)

NetApp (NASDAQ: NTAP) has three primary businesses – Product, Software Maintenance, and Services. Below we expand on these sources of revenue, their recent performance, and what to expect going forward.

What Are NetApp's's Key Sources of Revenue?

NetApp (NTAP) rides on strong adoption of Flash & HCI solutions.

NetApp (NTAP) Crafts New Cloud-Based Storage Solution on HCI

NetApp (NTAP) reported earnings 30 days ago. What's next for the stock?

Why Is NetApp (NTAP) Up 1.6% Since Last Earnings Report?

NetApp Inc (NASDAQ:NTAP) files its latest 10-K with SEC for the fiscal year ended on April 30, 2019.

NetApp Inc (NTAP) Files 10-K for the Fiscal Year Ended on April 30, 2019

j2 Global

Pure Storage

Rosetta Stone

NetApp (NTAP) unveils AFF C190 cloud-capable all-flash storage solution primarily aimed at expanding presence among smaller enterprises looking to manage business across hybrid cloud platforms.

NetApp Democratizes Cloud Storage With New All-Flash Solution

Sales and forecasts missed the mark, and a strong dollar wasn’t any help. But did it create a buy-the-dip situation?

NetApp's Recent Earnings Stumble May Lead to a Buying Opportunity

NetApp recently reported its Q4 fiscal 2019 results, which were slightly below our estimates. This note details the company’s Q4 performance, and Trefis’ forecasts for the full fiscal 2020.

How Did NetApp Fare In Q4, And What Can We Expect From Fiscal 2020?

The company missed earnings expectations and issued a soft forecast.

Why NetApp Shares Got Crushed Today

Shares of NetApp Inc. are off 12.8% in Thursday morning trading and on track for their worst single-day drop since Aug. 18, 2011 after the company missed earnings and revenue expectations the prior afternoon.

NetApp stock slides toward worst day since 2011 as earnings show slowdown in storage market

NetApp Inc. reported after the market close Wednesday with below-consensus fourth-quarter earnings and issued a downbeat forecast for the first quarter.

Analysts Weigh In On NetApp's Weak Q4, Stay Largely Bullish Chances Of Inflection

NetApp (NTAP) is benefiting from increasing adoption of all-flash arrays. However, declining OEM revenues and competition remain the headwinds.

NetApp (NTAP) Shares Down on Q4 Earnings & Revenues Miss

NetApp, Inc. (NTAP) CEO George Kurian on Q4 2019 Results - Earnings Call Transcript

NetApp reported its quarterly earnings results late today, bringing in a profit that missed what analysts projected, sending NTAP stock down.
The post NetApp Earnings: NTAP Stock Sinks on Q4 Earnings Miss appeared first on InvestorPlace.

NetApp Earnings: NTAP Stock Sinks on Q4 Earnings Miss

NetApp (NTAP) delivered earnings and revenue surprises of -2.40% and -3.36%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?

NetApp (NTAP) Q4 Earnings and Revenues Lag Estimates

NetApp (NTAP) to gain from expanding product portfolio and increasing deal wins across varied geographies.

News for NetApp Stock (NTAP)