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Investors marked down record AI quarters at HPE and NetApp despite earnings beats, as NetApp's free cash flow slid
Both companies beat estimates and raised full-year guidance on AI demand. Both fell after the bell anyway. HPE turned $12.2 billion of revenue into $1 billion of free cash flow. NetApp's free cash flow dropped 35%.
Publishers:siliconangle.com
Reality
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- Hype gap+14
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