NetApp (NTAP) Tops Q2 EPS by 19c; Offers Guidance

NetApp (NASDAQ: NTAP) reported Q2 EPS of $1.58, $0.19 better than the analyst estimate of $1.39. Revenue for the quarter came in at $1.56 billion versus the consensus estimate of $1.53 billion.

GUIDANCE:

NetApp sees Q3 2024 EPS of $1.64-$1.74, versus the consensus of $1.53. NetApp sees Q3 2024 revenue of $1.51-1.67 billion, versus the consensus of $1.555 billion.

NetApp sees FY2024 EPS of $6.05-$6.25, versus the consensus of $5.73. Net revenues are expected to be down approximately 2% year-over-year

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

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