NetApp Q4 EPS $2.43 Beats by $0.16, Raises Full-Year Guidance to $8.70–9.00
NTAP•NetApp delivered fiscal Q4 net income of $404 million with adjusted EPS of $2.43, surpassing analyst forecasts by $0.16 on $1.95 billion revenue, beating expectations by $90 million. The company projected Q1 revenue of $1.75–1.90 billion and raised full-year EPS guidance to $8.70–9.00.
1. Q4 Financial Results
In the fourth quarter, NetApp posted net income of $404 million and adjusted earnings per share of $2.43, topping consensus estimates by $0.16. Revenue reached $1.95 billion, surpassing forecasts by $90 million.
2. Guidance for Q1 and Full Year
The company forecast Q1 revenue between $1.75 billion and $1.90 billion with EPS of $2.05–2.15. It also lifted full-year EPS guidance to $8.70–9.00 on expected revenue of $7.33–7.58 billion.
3. AI Storage Boom and Market Impact
NetApp cited strong demand for AI-driven data storage solutions across hybrid and cloud environments as a key growth driver. Shares rose sharply as investors reacted to the earnings beat and upgraded outlook.
