𝐍𝐞𝐭𝐀𝐩𝐩: 𝐑𝐞𝐜𝐨𝐫𝐝 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐒𝐮𝐫𝐠𝐞𝐬 𝟑𝟎% 𝐚𝐬 𝐄𝐏𝐒 𝐒𝐦𝐚𝐬𝐡𝐞𝐬 𝐄𝐬𝐭𝐢𝐦𝐚𝐭𝐞𝐬, 𝐅𝐘𝟐𝟎𝟐𝟕 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐑𝐢

$NTAP (-1,59 %)

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📊 𝐑𝐞𝐬𝐮𝐥𝐭𝐬

• Adj. EPS: $2.58 (Est. $2.12) ✅

• Revenue: $2.03B (Est. $1.84B) ✅, +30% YoY.

• Billings: $2.06B, +36% YoY.

• All-Flash Array Revenue: $1.3B, +47% YoY.

• Public Cloud Revenue: $206M, +28% YoY.

• Adj. Operating Margin: 31.9%.

• Free Cash Flow: $401M, -35% YoY.

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🎯 𝐆𝐮𝐢𝐝𝐚𝐧𝐜𝐞

• Q2 FY2027 Revenue: $2.025B–$2.175B (Est. $1.85B) ✅

• Q2 FY2027 Adj. EPS: $2.54–$2.64 (Est. $2.16) ✅

• FY2027 Revenue: $7.975B–$8.225B (Est. $7.54B) ✅, significantly raised.

• FY2027 Adj. EPS: $9.73–$10.03 (Est. $9.03) ✅, significantly raised.

• FY2027 Adj. Operating Margin: 30.3%–31.3%.

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📌 𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬

• NetApp delivered record quarterly revenue of $2.03B, up 30% YoY and well above consensus, while Adj. EPS surged 66% to a record $2.58.

• All-flash array revenue reached a record $1.3B, up 47%, while Public Cloud revenue hit a record $206M, up 28%.

• Billings grew 36% to $2.06B, outpacing revenue growth.

• NetApp significantly raised its FY2027 revenue and EPS outlook, with both now well above prior consensus estimates.

• The company acquired AI data infrastructure firm DataPelago to help customers accelerate AI deployments at scale.

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💬 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐂𝐨𝐦𝐦𝐞𝐧𝐭𝐚𝐫𝐲

“NetApp delivered a record-setting start to the year, exceeding guidance on every metric and achieving our strongest first quarter ever.”