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

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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