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0.00141542816702058 0.00247581976881345 -0.00306676102854436 -0.00920028308563342 -0.0491861288039632 -0.0522528898325076 -0.0682944090587402 -0.0803255484784147
Stock impact report

NetApp shares see-saw after mixed quarterly results [MarketWatch]

NetApp, Inc. (NTAP) 
Last netapp, inc. earnings: 2/12 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.netapp.com
Company Research Source: MarketWatch
NetApp shares see-saw after mixed quarterly results NetApp Inc. NTAP, -0.35% shares wavered between gains and losses in the extended session Wednesday after the cloud data storage company reported mixed fiscal 2019 first-quarter results. NetApp said it earned $283 million, or $1.05 a share, in the quarter, compared with $131 million, or 47 cents a share, in the first quarter of fiscal 2018. Adjusted for one-time items, the company earned $281 million, or $1.04 a share, compared with $166 million, or 60 cents a share, in the first quarter of fiscal 2018. Revenue rose 12% to $1.47 billion, compared with $1.32 billion a year ago. Analysts polled by FactSet had expected adjusted earnings of 80 cents a share on sales of $1.42 billion. The company said it expects fiscaly 2019 second-quarter revenue between $1.45 billion to $1.55 billion, and GAAP EPS between 79 cents and 85 cents for the quarter. Shares initially rose more than 3%, but recently fell 0.3%. The stock ended the trading day Show less Read more
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