NetApp, Inc. (NASDAQ:NTAP) reported better-than-expected earnings for its first quarter on Wednesday.
NetApp reported quarterly earnings of $1.56 per share which beat the analyst consensus estimate of $1.45 per share. The company reported quarterly sales of $1.541 billion which beat the analyst consensus estimate of $1.526 billion.
NetApp said it sees second-quarter adjusted earnings of $1.73 to $1.83 per share on net revenues of $1.565 billion to $1.715 billion.
“We started fiscal year 2025 on a high note, delivering strong revenue growth and setting records for first quarter operating margin and EPS. These results are a testament to our strong execution in a continued uncertain macroeconomic environment, our unwavering confidence in ...
