Microsoft shares jump after fourth-quarter earnings beat on AI-fueled cloud growth
Investing.com - NetApp reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
NetApp announced earnings per share of $1.05 on revenue of $1.42B. Analysts polled by Investing.com EPS of $0.7261 on revenue of $1.32B.
NetApp 's are down 12% and is trading at $54.24 , still down 17.04% from its 52 week high of $65.38 set on Thursday, January 16, 2020.
NetApp follows other major Technology sector earnings this month
NetApp's report follows an earnings beat by NVIDIA on Wednesday, November 18, 2020, who reported EPS of $2.91 on revenue of $4.73B, EPS of $2.58 on revenue of $4.42B.
Cisco had beat expectations on Thursday, November 12, 2020 with first quarter EPS of $0.76 on revenue of $11.93B, for EPS of $0.7049 on revenue of $11.85B.
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