NetApp Is the Latest Tech Hardware Maker to Withdraw Guidance Due to Virus

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(NTAP) late Monday withdrew its financial guidance for its fiscal fourth quarter, ending in April, to reflect the uncertainty created by the coronavirus pandemic. NetApp (ticker: NTAP) provides enterprise storage hardware and services to data-center operators—high-touch sales that no doubt have been made harder by both the lack of corporate travel and the difficult economic environment. For that reason, NetApp said, it is withdrawing its previous forecasts.


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