NetApp Reports Third Quarter of Fiscal Year 2022 Results

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NetApp (NTAP) Shares Fall 6% Following Q3 Beat and Mixed Outlook, Acquires Fylamynt

February 23, 2022 5:08 PM EST

NetApp (NASDAQ: NTAP) shares were trading more than 6% lower after-hours on the companys mixed outlook, while the Q3 results came in better than the Street expectations.

Q3 EPS was $1.44, above the consensus estimate of $1.28, and revenue was $1.6 billion (up 10% year-over-year), compared to the... More

NetApp (NTAP) Tops Q3 EPS by 16c; Issues Mixed Outlook

February 23, 2022 4:04 PM EST

NetApp (NASDAQ: NTAP) reported Q3 EPS of $1.44, $0.16 better than the analyst estimate of $1.28. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.61 billion.

GUIDANCE:

NetApp sees Q4 2022 EPS of $1.21-$1.31, versus the consensus of $1.35. NetApp sees Q4... More