Don't Overlook NetApp (NTAP) International Revenue Trends While Assessing the Stock

Core Insights - The analysis of NetApp's international operations is crucial for understanding its financial strength and growth potential, especially given its global presence [1][2] Group 1: International Revenue Performance - NetApp's total revenue for the quarter ending April 2025 reached $1.73 billion, reflecting a 3.8% increase from the same quarter last year [4] - Revenue from Europe, Middle East, and Africa (EMEA) accounted for 34.01% of total revenue, amounting to $589 million, which was a slight surprise compared to analyst expectations [5] - Asia Pacific contributed $254 million, or 14.67% of total revenue, which was below analyst expectations, indicating a -3.77% surprise [6] Group 2: Future Revenue Projections - Analysts project NetApp's revenues for the ongoing fiscal quarter to be $1.55 billion, a 0.3% increase from the previous year, with expected contributions from EMEA and Asia Pacific being $577.71 million and $263.03 million, respectively [7] - For the full fiscal year, total revenue is expected to reach $6.76 billion, representing a 2.8% increase year-over-year, with EMEA and Asia Pacific projected to contribute $2.42 billion and $1.1 billion, respectively [8] Group 3: Market Dependency and Stock Performance - NetApp's reliance on international markets for revenue presents both opportunities and challenges, making the monitoring of overseas revenue trends essential for predicting future performance [9] - The stock has increased by 3.1% over the past month, slightly underperforming compared to the Zacks S&P 500 composite's 3.6% rise, while the Zacks Computer and Technology sector has seen a 7.4% increase during the same period [13]