NetApp Analysts Boost Their Forecasts After Upbeat Earnings
NTAPNetApp(NTAP) Benzinga·2024-08-30 01:35

NetApp, Inc. NTAP reported better-than-expected earnings for its first quarter on Wednesday.NetApp reported quarterly earnings of 1.56persharewhichbeattheanalystconsensusestimateof1.56 per share which beat the analyst consensus estimate of 1.45 per share. The company reported quarterly sales of 1.541billionwhichbeattheanalystconsensusestimateof1.541 billion which beat the analyst consensus estimate of 1.526 billion.NetApp said it sees second-quarter adjusted earnings of 1.73to1.73 to 1.83 per share on net revenues of 1.565billionto1.565 billion to 1.715 billion.“We started fiscal year 2025 on a high note, delivering ...