NTAP - NetApp Analysts Increase Their Forecasts After Upbeat Earnings | Benzinga
NetApp, Inc. (NASDAQ: NTAP) reported better-than-expected third-quarter financial results on Thursday.
NetApp posted adjusted earnings of $1.94 per share, beating market estimates of $1.69 per share. The company’s quarterly sales came in at $1.61 billion, versus expectations of $1.591 billion, according to data from Benzinga Pro.
"In Q3, our focused execution and continued operational discipline delivered solid revenue growth and again yielded company all-time highs across key profitability metrics," said George Kurian, chief executive officer. "Our modern approach to unified data storage, spanning all-flash and cloud environments, is clearly resonating with customers. I am confident in our ability to ...