NetApp FY2027一季度业绩大幅超预期并上调全年指引，但自由现金流下滑致盘后跌8%

NetApp ( NTAP ) reported its first-quarter fiscal 2027 earnings results post-market on Wednesday, which featured multiple revenue records and an increase to full-year guidance. Shares fell 8% during early after-hours trading. For the quarter ended July 31, the data management company reported adjusted earnings per share of $2.58 versus the $2.12 consensus estimate. GAAP EPS was $1.88 compared to the $1.65 estimate. Revenue for the quarter increased 30% year over year to $2.03B, which was more than the $1.84B estimate. The adjusted gross margin of 70.6% surpassed the estimate by 1 percentage point. However, free cash flow declined 35% year over year to $401M from $620M. For the quarter in progress, NetApp guided for adjusted EPS ranging from $2.54 to $2.64, which clears the $2.16 estimate. The company expects revenue of $2.03B to $2.08B, which again is well above the $1.85B consensus. NetApp increased its full fiscal year 2027 outlook. The revenue guide was raised to $7.98B to $8.23B from $7.33B to $7.58B. The consensus estimate calls for $7.55B. Adjusted EPS was increased to $9.73 to $10.03 from $8.70 to $9.00. The estimate expected $8.92. "NetApp delivered a record-setting start to the year, exceeding guidance on every metric and achieving our strongest first quarter ever," said CEO George Kurian . "Our momentum reflects not only the trust of existing customers but also our success in winning new ones, as organizations choose the NetApp Platform to power their AI and hybrid multi-cloud initiatives. Through continued innovation and strategic investments, we are enabling customers to address their most critical needs and creating lasting value for all stakeholders." During the first quarter, NetApp announced its acquisition of DataPelago, which is an AI data infrastructure company, to help customers simplify and accelerate AI deployment at scale. The company also announced a cash dividend of $0.52 per share to be paid on October 28.