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NetApp Reports Record Q1 FY27 Results Driven by AI Demand, Shares Decline
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NetApp Reports Record Q1 FY27 Results Driven by AI Demand, Shares Decline

By rawfin.tv Markets Desk||1 min read|AI-assisted · Methodology

NetApp (NTAP) announced record-setting first-quarter FY27 results, with revenue up 30% and EPS up 66%, surpassing Wall Street estimates due to strong AI demand. Despite the robust performance, the company's stock experienced a selloff.

NTAPearningsAI-demandtech-stocksquarterly-results

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