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NetApp's Q2 Earnings Top Estimates, Stock Up on Raised Guidance
NTAPNetApp(NTAP) ZACKS·2024-11-22 13:56

NetApp, Inc. (NTAP) reported second-quarter fiscal 2025 non-GAAP earnings of 1.87pershare,whichbeattheZacksConsensusEstimateby4.51.87 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.Stayup−to−datewithallquarterlyreleases:SeeZacksEarningsCalendar.Revenuesof1.83.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 1.565−1.565-1.715 billion. This upside resulted from strong sales across Hybrid Cloud and Public Cloud se ...