NetApp Inc. publishes <a href="https://laohu8.com/S/QTWO">Q2</a> MD&A report
NetApp Inc. reported a strong second quarter with revenue rising 3% year-over-year, and 4% excluding the recently divested Spot business. The company's All-flash and Public Cloud segments, which target growth markets and deliver higher gross margins, accounted for 70% of Q2 revenue. NetApp achieved record gross margin for the quarter, with both operating margin and EPS reaching all-time highs and surpassing expectations. Growth in AI solutions, cloud storage services, and all-flash offerings offset softness in USPS revenue. NetApp also launched AFX, a new ultra-scalable, high-performance storage platform certified for NVIDIA SuperPOD, aimed at supporting demanding AI workloads and service providers. The full report can be accessed through the link below.
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