NetApp (NTAP) Tops Q2 EPS by 15c, Revenues Miss; Guides Lower
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Needham Starts NeoVolta (NEOV) at Buy
NetApp Reports Second Quarter of Fiscal Year 2023 Results
November 29, 2022 4:01 PM ESTDelivers all time Q2 company highs for revenue, billings, gross profit dollars, operating income and EPS
Net revenues for the second quarter grew 6% year-over-year to $1.66 billion, 12% in constant currency1 Q2 product revenue grew 3% year-over-year to $837 million, the seventh consecutive quarter of year-over-year growth Q2 billings2 were $1.60 billion, an increase of 3% year-over-year, 9% in constant currency NetApp Public Cloud annualized revenue run rate (ARR)3 increased 55% year-over-year to $603 million All-flash array ARR4 increased 2% year-over-year to $3.1 billion $258 million returned to shareholders in share repurchases and cash dividends in the... More