NetApp (NTAP) February weekly option implied volatility above 100

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NetApp (NTAP) Misses Q3 EPS by 2c, Revenues Miss; Offers Q4 EPS Views Below Consensus, Provides Q4 Revenue Outlo

February 12, 2020 4:03 PM EST

NetApp (NASDAQ: NTAP) reported Q3 EPS of $1.16, $0.02 worse than the analyst estimate of $1.18. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.46 billion.

All-flash array annualized net revenue run rate of $2.3 billion increased 7% quarter-over-quarterNetApp cloud data services annualized recurring revenue of approximately... More