NetApp (NTAP) came out with quarterly earnings of $1.56 per share, beating the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.85%. A quarter ago, it was expected that this data storage company would post earnings of $1.80 per share when it actually produced earnings of $1.80, delivering no surprise.Over the last four quarters, the company has su ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 26, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 000-27130 NetApp, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R.S. Employer incorp ...

Net revenues of $1.54 billion for the first quarter; 8% year-over-year increase SAN JOSE, Calif.—August 28, 2024—NetApp (NASDAQ: NTAP), the intelligent data infrastructure company, today reported financial results for the first quarter of fiscal year 2025, which ended on July 26, 2024. "We started fiscal year 2025 on a high note, delivering strong revenue growth and setting records for first quarter operating margin and EPS. These results are a testament to our strong execution in a continued uncertain macr ...

NetApp, Inc. NTAP will release earnings results for its first quarter, after the closing bell on Wednesday, Aug. 28.Analysts expect the San Jose, California-based company to report quarterly earnings at $1.45 per share, up from $1.15 per share in the year-ago period. NetApp is projected to post revenue of $1.53 billion, according to data from Benzinga Pro.On July 29, NetApp announced June Yang as new independent nominee for election to board of directors.NetApp shares gained 0.5% to close at $133.12 on Tues ...

NetApp (NTAP) is slated to release first-quarter fiscal 2025 earnings on Aug 28.The company expects non-GAAP earnings per share (EPS) to be between $1.40 and $1.50 for the quarter. The Zacks Consensus Estimate is pegged at $1.46, indicating an increase of 27% from the year-ago level.Net revenues are anticipated in the range of $1.455-$1.605 billion. The Zacks Consensus Estimate is pegged at $1.53 billion, implying a 7.1% increase from the prior-year level.NTAP beat estimates in three of the trailing four qu ...

Wall Street analysts expect NetApp (NTAP) to post quarterly earnings of $1.46 per share in its upcoming report, which indicates a year-over-year increase of 27%. Revenues are expected to be $1.53 billion, up 7.1% from the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Before a company announces its earnings, it is ess ...

The most recent trading session ended with NetApp (NTAP) standing at $131.70, reflecting a +0.92% shift from the previouse trading day's closing. The stock lagged the S&P 500's daily gain of 0.97%. Elsewhere, the Dow gained 0.58%, while the tech-heavy Nasdaq added 1.39%.The data storage company's stock has climbed by 3.39% in the past month, exceeding the Computer and Technology sector's loss of 5.36% and the S&P 500's loss of 1.85%.Market participants will be closely following the financial results of NetA ...

NetApp’s (NTAP) shares have been performing well on the trading front, with a gain of 51.1% year to date compared with the sub-industry and the S&P 500 composite’s growth of 47.1% and 16.6%, respectively. NetApp provides enterprise storage, data management software and hardware products and services. The San Jose, CA-based company assists enterprises in managing multiple cloud environments, adopting next-generation technologies like artificial intelligence (AI), Kubernetes and contemporary databases and nav ...

NetApp (NTAP) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this data storage company have returned -5.6% over the past month versus the Zacks S&P 500 composite's -0.4% change. The Zacks Computer- Storage Devices industry, to which NetApp belongs, has lost 13.8% over this period. Now the key question is: Where could the stock be headed in the near term?Although media report ...

NetApp (NTAP) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changing earning ...