NetApp Reports Fourth Quarter and Fiscal Year 2023 Results

Go back to NetApp Reports Fourth Quarter and Fiscal Year 2023 Results

NetApp (NTAP) shares up after Q4 earnings beat despite YoY revenue decline

June 1, 2023 9:04 AM EDT

NetApp (NASDAQ: NTAP) topped first-quarter earnings and revenue estimates after the close, sending its shares higher in after-hours and premarket trading Thursday.

The cloud services and data management company posted Q4 EPS of $1.54, $0.20 better than the analyst estimate of $1.34, with revenue for the quarter, which decreased 6% YoY, coming in at $1.58 billion versus the consensus estimate of $1.55 billion.

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NetApp (NTAP) Tops Q4 EPS by 20c, Offers Guidance

May 31, 2023 4:03 PM EDT

NetApp (NASDAQ: NTAP) reported Q4 EPS of $1.54, $0.20 better than the analyst estimate of $1.34. Revenue for the quarter came in at $1.58 billion versus the consensus estimate of $1.55 billion.

GUIDANCE:

NetApp sees Q1 2024 EPS of $1.00-$1.10, versus the consensus of $1.19. NetApp sees Q1... More