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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 rate 1 of $3.4 billion , an increase of 21% year-over-year Record Q3 GAAP consolidated gross margins of 72%; record non-GAAP consolidated gross margins 2 of 73% Q3 GAAP