Brean Capital Downgrades NetApp (NTAP) to Hold

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Go back to Brean Capital Downgrades NetApp (NTAP) to Hold

NetApp (NTAP) Misses Q3 EPS by 2c, Q4 EPS Guidance Misses, Raises Buyback by $2.5B

February 11, 2015 4:03 PM EST

NetApp (NASDAQ: NTAP) reported Q3 EPS of $0.75, $0.02 worse than the analyst estimate of $0.77. Revenue for the quarter came in at $1.55 billion versus the consensus estimate of $1.61 billion.

NetApp sees Q4 2015 EPS of $0.70-$0.75, versus the consensus of $0.89. NetApp sees Q4 2015 revenue of $1.55-1.65... More