NetApp(NTAP) - 2024 Q3 - Quarterly Results

Exhibit 99.1 NetApp reports third quarter of fiscal year 2024 results Net revenues of $1.61 billion for the third quarter; 5% growth year-over-year • Record All-flash array annualized revenue run rate1 of $3.4 billion, an increase of 21% year-over-year • Record Q3 GAAP consolidated gross margins of 72%; record non-GAAP consolidated gross margins2 of 73% • Q3 GAAP operating margins of 23%; record non-GAAP operating margins2 of 30% • Q3 GAAP net income per share3 of $1.48; record non-GAAP net income per share ...