Investing.com - NetApp reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
NetApp announced earnings per share of $1.28 on revenue of $1.57B. Analysts polled by Investing.com EPS of $1.21 on revenue of $1.55B.
NetApp 's are up 34% and is trading at $88.94 , still down 6.07% from its 52 week high of $94.69 set on Friday, October 15, 2021.
NetApp follows other major Information Technology sector earnings this month
NetApp's report follows an earnings beat by NVIDIA on Wednesday, November 17, 2021, who reported EPS of $1.17 on revenue of $7.1B, EPS of $1.11 on revenue of $6.82B.
Cisco had beat expectations on Wednesday, November 17, 2021 with first quarter EPS of $0.82 on revenue of $12.9B, for EPS of $0.8042 on revenue of $12.98B.
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