💨 Abstract

NetApp, a data storage service provider based in San Jose, California, lowered its revenue and profit forecast for fiscal year 2025 due to decreased demand for its services. As a result, the company's shares fell by 12% in extended trading, and the new earnings per share expectation ranges from $7.17 to $7.27, down from the previous forecast of $7.20 to $7.40.

Courtesy: theprint.in

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