NetApp (NTAP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
NTAP is gaining from solid demand across the all-flash and cloud storage portfolio, which is prompting a revenue outlook revision for the current fiscal year.
The Nasdaq 100 closed higher by around 1% during Thursday's session. Investors, meanwhile, focused on some notable insider trades.
Anaplan chooses NTAP's unified data storage solution to modernize storage infrastructure for AI-powered operations.
NetApp (NTAP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Data storage provider NetApp (NTAP) posted better-than-expected sales and profits for its fiscal first quarter, but its shares plunged nearly 10% on Thursday.
NetApp, Inc. NTAP reported better-than-expected earnings for its first quarter on Wednesday.
NetApp, Inc. NTAP has introduced new capabilities to bolster VMware Cloud Foundation deployments. These enhancements will allow mutual customers to optimize their IT environments for efficient scaling of VMware workloads.
NTAP's fiscal Q1 performance is driven by steady momentum across the all-flash and cloud storage portfolio. It hikes the outlook for fiscal 2025.
NetApp, Inc. (NASDAQ:NTAP ) Q1 2025 Earnings Conference Call August 28, 2024 5:30 PM ET Company Participants Kris Newton - VP, IR George Kurian - CEO Mike Berry - CFO Conference Call Participants Krish Sankar - TD Cowen Samik Chatterjee - JPMorgan Steven Fox - Fox Advisors Amit Daryanani - Evercore Mehdi Hosseini - SIG Ananda Baruah - Loop Capital Wamsi Mohan - Bank of America Operator Good day, and welcome to the NetApp First Quarter Fiscal Year 2025 Earnings Call. All participants will be in listen-only mode.
While the top- and bottom-line numbers for NetApp (NTAP) give a sense of how the business performed in the quarter ended July 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
NetApp (NTAP) came out with quarterly earnings of $1.56 per share, beating the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.15 per share a year ago.