Don't miss our upcoming Network Computing virtual event on Connectivity Solutions - Secure Your Complementary Seat Now!
NetApp posted a solid set of third quarter results in its earnings report last night, but the vendor warned that its fourth quarter figures could dip below Wall Street's estimates.
Speaking on a conference call last night, NetApp CEO Dan Warmenhoven described the third quarter as a "great quarter," but warned that economic conditions are becoming increasingly uncertain.
"Just looking at the macroeconomic conditions, I will have to argue that this quarter doesnt feel as robust as the last one," he said, pointing to a slowdown in some European markets, such as the U.K.
"It is not something that's global, it's not something that's across all verticals," added the CEO, pointing toward a slight rebound in the North American market, particularly on the East Coast.
The vendor's third quarter revenues were $884 million, a 21 percent hike on the same period last year and above analyst estimates of $877.8 million.
With the move to the cloud, CISOs must shift priorities from operating security programs to overseeing (monitoring and auditing) outsourced cybersecurity programs.
2022 was a boon year for IT salaries. 2023 came in like a beast with layoffs, raise freezes, and ChatGPT, but that beast has few teeth.
Age is only a number. Don't let a high number cancel your career.
