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29.05.26 - 17:06
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Gap Lowers Sales Outlook; Dell Soars on AI Demand | Stock Movers (Bloomberg)
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On this episode of Stock Movers with Alexis Christoforous:
- Dell (DELL) shares are soaring after the company gave an outlook for annual sales that far surpassed analysts' estimates, fueled by demand for servers that power artificial intelligence work.
- Gap (GAP) shares plunged after the company lowered its sales outlook due to struggles with its product mix.
- NetApp (NTAP) shares jumped after the data storage provider reported its latest earnings. Analyst say the report is a strong print from the company, showing strong growth, with upgrades to consensus expected. (Source: Bloomberg)...
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28.05.26 - 22:42
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NetApp Inc. Announces Rise In Q4 Profit (AFX)
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SUNNYVALE (dpa-AFX) - NetApp Inc. (NTAP) reported a profit for its fourth quarter that Increases, from last yearThe company's bottom line totaled $404 million, or $2.03 per share. This compares wi......
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28.05.26 - 22:06
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NetApp Reports Fourth Quarter and Fiscal Year 2026 Results (Business Wire)
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Delivers record net revenue, gross profit, operating income, cash flow from operations and free cash flow for Q4 and fiscal year 2026;
Fourth quarter net revenues of $1.95 billion, an increase of 12% year-over-year;
Fiscal year 2026 net revenues of $6.93 billion, an increase of 5% year-over-year
News Summary
Record all-flash array net revenue of $1.2 billion for the fourth quarter of fiscal year 2026, an increase of 18% year-over-year
Record Public Cloud net revenue of $182 million for the fourth quarter of fiscal year 2026, an increase of 11% year-over-year
Record billings of $7.21 billion for fiscal year 2026, an increase of 6% year-over-year
Returned $1.36 billion to stockholders through share repurchases and cash dividends in fiscal year 2026
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today reported financial results for the fourth quarter and fiscal year 2026, which ended on April 24, 2026.
“Fiscal year 2026 was a landmark year for NetApp ...
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