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Why NetApp Stock despite Its Q4 2018 Earnings Beat

Adam Rogers
Why NetApp Stock despite Its Q4 2018 Earnings Beat

In the previous part of this series, we saw that NetApp’s (NTAP) revenue rose 10% YoY (year-over-year) in fiscal Q4 2018 and 7% YoY in fiscal 2018, beating its guidance. The company’s solid demand, key customer wins, and expansion across regions boosted its revenue.