NetApp Announces Q1 FY2024 Results

Analysis: NetApp Announces Q1 FY2024 Results

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

NetApp has released financial results for the first quarter of FY2024. Revenue is down, billings are down, and ARR for the public cloud is stagnant. Things look very different to this time last year when all the signs looked positive. What’s changed?

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