NetApp Analysts Boost Their Forecasts After Upbeat Earnings

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