NetApp (NTAP) Tops Q2 EPS by 12c

NetApp (NASDAQ: NTAP) reported Q2 EPS of $0.81, $0.12 better than the analyst estimate of $0.69. Revenue for the quarter came rose 6% to $1.42 billion versus the consensus estimate of $1.38 billion.

“In the second quarter, NetApp again delivered strong operating results on the top and bottom lines. We also introduced a number of industry-leading innovations that position us for continued growth and expand our leadership position in the growth segments of the market,” said George Kurian, chief executive officer. “Our strong performance was driven by excellent execution and reflects our customers’ clear and growing preference for the value of our Data Fabric strategy. We are winning because we enable our customers’ success through data.”

For earnings history and earnings-related data on NetApp (NTAP) click here.

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