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Wednesday, August 14, 2019 - 20:02
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NetApp Earnings Beat, Revenue Misses In Q1

Investing.com - NetApp (NASDAQ:NTAP) reported first quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts.

The firm reported earnings per share of $0.65 on revenue of $1.24B. Analysts polled by Investing.com anticipated EPS of $0.62 on revenue of $1.25B. That compared to EPS of $1.04 on revenue of $1.47B in the same period a year earlier. The company had reported EPS of $1.22 on revenue of $1.59B in the previous quarter.

NetApp follows other major Technology sector earnings this month

On July 18, Microsoft reported fourth quarter EPS of $1.37 on revenue of $33.72B, compared to forecasts of EPS of $1.21 on revenue of $32.77B.

Apple earnings beat analysts' expectations on July 30, with third quarter EPS of $2.18 on revenue of $53.81B. Investing.com analysts expected EPS of $2.09 on revenue of $53.32B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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