NetApp (NASDAQ:NTAP) reported its Q2 earnings results on Tuesday, November 28, 2023 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
NetApp beat estimated earnings by 13.67%, reporting an EPS of $1.58 versus an estimate of $1.39.
Revenue was down $101.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 1.31% drop in the share price the next day.
Here’s a look at NetApp’s past performance:
| Quarter | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.07 | 1.34 | 1.31 | 1.33 |
| EPS Actual | 1.15 | 1.54 | 1.37 | 1.48 |
| Revenue Estimate | 1.41B | 1.54B | 1.61B | 1.68B |
| Revenue Actual | 1.43B | 1.58B | 1.53B | 1.66B |
To track all earnings releases for NetApp visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
