NetApp's Q2 Earnings Top Estimates, Stock Up on Raised Guidance
NetApp(NTAP) ZACKS·2024-11-22 21:56
NetApp, Inc. (NTAP) reported second-quarter fiscal 2025 non-GAAP earnings of $1.87 per share, which beat the Zacks Consensus Estimate by 4.5% and jumped 18.4% year over year. The bottom line also surpassed the company’s guided range of $1.73-$1.83.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Revenues of $1.66 billion increased 6% year over year and came within the guided range of $1.565-$1.715 billion. This upside resulted from strong sales across Hybrid Cloud and Public Cloud se ...