NetApp (NTAP) Tops Q2 EPS by 9c, Offers Guidance
NetApp (NASDAQ: NTAP) reported Q2 EPS of $1.87, $0.09 better than the analyst estimate of $1.78. Revenue for the quarter came in at $1.66 billion versus the consensus estimate of $1.64 billion.
GUIDANCE:
NetApp sees Q3 2025 EPS of $1.85-$1.95, versus the consensus of $1.85. NetApp sees Q3 2025 revenue of $1.61-1.76 billion, versus the consensus of $1.68 billion.
Third Quarter of Fiscal Year 2025 Financial Outlook
The Company provided the following financial guidance for the third quarter of fiscal year 2025:
Net revenues are expected to be in the range of: | $1.610 billion - $1.760 billion | |
| GAAP | Non-GAAP |
Earnings per share is expected to be in the range of: | $1.41 - $1.51 | $1.85 - $1.95 |
Full Fiscal Year 2025 Financial Outlook
The Company provided the following update to financial guidance for the full fiscal year 2025:
Net revenues are expected to be in the range of: | $6.540 billion - $6.740 billion | |
| GAAP | Non-GAAP |
Consolidated gross margins are expected to be in the range of: | 70% - 71% | 71% - 72% |
Operating margins are expected to be in the range of: | 21% - 21.5% | 28% - 28.5% |
Earnings per share is expected to be in the range of: | $5.48 - $5.68 | $7.20 - $7.40 |
For earnings history and earnings-related data on NetApp (NTAP) click here.