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NetApp's Q3 Earnings Meet Estimates, Stock Tanks on Lowered Guidance
NTAPNetApp(NTAP) ZACKS·2025-02-28 21:02

NetApp, Inc. (NTAP) reported third-quarter fiscal 2025 non-GAAP earnings of 1.91pershare,whichwasinlinewiththeZacksConsensusEstimatebutdeclined1.61.91 per share, which was in line with the Zacks Consensus Estimate but declined 1.6% year over year. The bottom line was within the company’s guided range of 1.85-1.95.Stayuptodatewithallquarterlyreleases:SeeZacksEarningsCalendar.Revenuesof1.95.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Revenues of 1.64 billion increased 2% year over year. The figure was within the guided range of 1.611.61-1.76 billion. The top line missed the consensus mark by 3.1%.NTAP witnessed growth in t ...