Markets NTAP

NetApp Inc. Reveals Increase In Q3 Income

(RTTNews) - NetApp Inc. (NTAP) reported a profit for its third quarter that Increases, from the same period last year

The company's bottom line totaled $334 million, or $1.67 per share. This compares with $299 million, or $1.44 per share, last year.

Excluding items, NetApp Inc. reported adjusted earnings of $423 million or $2.12 per share for the period.

The company's revenue for the period rose 4.3% to $1.71 billion from $1.64 billion last year.

NetApp Inc. earnings at a glance (GAAP) :

-Earnings: $334 Mln. vs. $299 Mln. last year. -EPS: $1.67 vs. $1.44 last year. -Revenue: $1.71 Bln vs. $1.64 Bln last year.

-Guidance: Next quarter EPS guidance: $ 2.21 To $ 2.31 Next quarter revenue guidance: $ 1.795 B To $ 1.945 B Full year EPS guidance: $ 7.92 To $ 8.02 Full year revenue guidance: $ 6.772 B To $ 6.922 B

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Stocks Mentioned

Latest Articles

Data is currently not available