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NetApp's Q1 Earnings & Revenues Surpass Estimates, Stock Down
ZACKS· 2025-08-28 14:30
Key Takeaways NetApp's Q1 EPS of $1.55 beat estimates but dipped 0.6% year over year.Revenues rose 1% to $1.56B, driven by the Americas' enterprise strength.Management reaffirmed FY26 outlook for revenue and EPS growth.NetApp, Inc. (NTAP) reported first-quarter fiscal 2026 non-GAAP earnings of $1.55 per share, which beat the Zacks Consensus Estimate by 0.7%. The figure declined 0.6% year over year. The bottom line was within the company’s guided range of $1.48-$1.58.Revenues of $1.56 billion increased 1% ye ...