NetApp (NTAP) Meets Q3 Earnings Expectations

Reported 1 day ago

NetApp (NTAP) reported quarterly earnings of $1.91 per share, matching Zacks Consensus Estimates, despite a year-over-year decrease from $1.94. The company posted revenues of $1.64 billion, missing expectations by 3.09%, compared to $1.61 billion in the previous year. With mixed quarterly results, NetApp continues to have a favorable earnings outlook, holding a Zacks Rank #2 (Buy), suggesting potential outperformance in the near future.

Source: YAHOO

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