NetApp (NTAP) Tops Q2 EPS by 7c, Offers Guidance

NetApp (NASDAQ: NTAP) reported Q2 EPS of $1.28, $0.07 better than the analyst estimate of $1.21. Revenue for the quarter came in at $1.57 billion versus the consensus estimate of $1.55 billion.

GUIDANCE:

NetApp sees Q3 2022 EPS of $1.21-$1.31, versus the consensus of $1.28. NetApp sees Q3 2022 revenue of $1.53-1.68 billion, versus the consensus of $1.59 billion.

NetApp sees FY2022 EPS of $4.90-$5.10, versus the consensus of $5.01.

• Net revenues are expected to grow in the range of: 9% to 10%

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

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