Analysis: NetApp Announces Q4 FY2024 and Full Year Results

Analysis: NetApp Announces Q4 FY2024 and Full Year Results

Chris EvansAll-Flash Storage, Analysis, Cloud Practice, Cloud Storage, Data Practice: Data Management, Data Practice: Data Storage, Enterprise, Individual Subscribers, NetApp, Storage

NetApp has announced financial results for the fourth quarter and full year of FY2024, ending 26th April 2024.  For the quarter, revenue was up 5.5% year-on-year.  However, for the full year, revenue was down 1%, while ARR for the Public Cloud remained relatively flat.  All-flash array systems remain the highlight of the results as NetApp continues to focus on core competencies.

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