NetApp earnings turn around, shares head higher in late trading [MarketWatch]
NetApp, Inc. (NTAP)
Last netapp, inc. earnings: 2/12 04:01 pm
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Source: MarketWatch
NetApp earnings turn around, shares head higher in late trading NetApp Inc. NTAP, -0.12% reported an increase in earnings from a year ago Wednesday after a big drop in the previous quarter , exceeding expectations and sending shares higher in after-hours trading. NetApp reported fiscal second-quarter earnings of $243 million, or $1.03 a share, on sales of $1.37 billion, down from $1.52 billion a year ago. After adjusting for stock-based compensation and other effects, the company reported earnings of $1.09 a share, up from $1.06 a share in the same quarter last year. Analysts on average expected adjusted earnings of 94 cents a share on sales of $1.38 billion, according to FactSet. NetApp stock closed with a 0.7% decrease at $60.07, then gained slightly in immediate extended trading after the results were released. NetApp shares have declined roughly 24% in the past 12 months, as the S&P 500 index SPX, +0.07% has gained 13.6%.
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NTAP
Earnings
- 2/29/24 - Beat
NTAP
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- 4/15/24 - Form 144
- NTAP's page on the SEC website