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NetApp earnings beat by $0.11, revenue topped estimates

Published 28/08/2024, 21:06
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NTAP
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Investing.com - NetApp (NASDAQ: NTAP) reported first quarter EPS of $1.56, $0.11 better than the analyst estimate of $1.45. Revenue for the quarter came in at $1.54B versus the consensus estimate of $1.53B.

Guidance

NetApp sees Q2 2025 EPS of $1.73-$1.83 versus the analyst consensus of $1.70.

NetApp sees Q2 2025 revenue of $1.57B-$1.72B versus the analyst consensus of $1.63B.

NetApp sees FY 2025 EPS of $7.00-$7.20 versus the analyst consensus of $6.89.

NetApp sees FY 2025 revenue of $6.48B-$6.68B versus the analyst consensus of $6.55B.

NetApp's stock price closed at $131.91. It is up 9.53% in the last 3 months and up 72.61% in the last 12 months.

NetApp saw 9 positive EPS revisions and 5 negative EPS revisions in the last 90 days. See NetApp's stock price’s past reactions to earnings here.

According to InvestingPro, NetApp's Financial Health score is "good performance".

Check out NetApp's recent earnings performance, and NetApp's financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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