NetApp (NTAP) Tops Q1 EPS by 10c; Issues Solid Outlook

NetApp (NASDAQ: NTAP) reported Q1 EPS of $1.20, $0.10 better than the analyst estimate of $1.10. Revenue for the quarter came in at $1.59 billion versus the consensus estimate of $1.55 billion.

GUIDANCE:

NetApp sees Q2 2023 EPS of $1.28-$1.38. NetApp sees Q2 2023 revenue of $1.595-1.745 billion, versus the consensus of $1.66 billion.

NetApp sees FY2023 EPS of $5.40-$5.60.

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

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