NetApp's Q3 Earnings Meet Estimates, Stock Tanks on Lowered Guidance [Yahoo! Finance]
NetApp, Inc. (NTAP)
Last netapp, inc. earnings: 2/12 04:01 pm
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US:NASDAQ Investor Relations:
investors.netapp.com
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Source: Yahoo! Finance
The bottom line was within the company's guided range of $1.85-$1.95. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Revenues of $1.64 billion increased 2% year over year. The figure was within the guided range of $1.61-$1.76 billion. The top line missed the consensus mark by 3.1%. NTAP witnessed growth in the all-flash array business and a 40% jump in first-party and marketplace cloud storage services revenues in the fiscal third quarter. However, the top-line performance was affected by inconsistent sales execution, leading to some deals slipping out of the quarter. Forex headwinds also impacted top-line expansion. Management has lowered its outlook for fiscal 2025 driven by divestment of Spot by NetApp, forex he
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NTAP
News
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- Is NetApp, Inc. (NTAP) The Best Hardware Stock To Buy Now? [Yahoo! Finance]Yahoo! Finance
- NFL Names NetApp the Official Intelligent Data Infrastructure Partner [Yahoo! Finance]Yahoo! Finance
- NFL Names NetApp the Official Intelligent Data Infrastructure PartnerBusiness Wire
- NetApp: Disappointing Guidance Paved The Way For An Attractive Price In This Strong Company [Seeking Alpha]Seeking Alpha
NTAP
Earnings
- 2/27/25 - Beat
NTAP
Sec Filings
- 4/11/25 - Form 4
- 4/10/25 - Form 144
- 3/31/25 - Form 4
- NTAP's page on the SEC website