NetApp (NTAP) Tops Q2 EPS by 15c, Revenues Miss; Guides Lower

NetApp (NASDAQ: NTAP) reported Q2 EPS of $1.48, $0.15 better than the analyst estimate of $1.33. Revenue for the quarter came in at $1.66 billion versus the consensus estimate of $1.68 billion.

GUIDANCE:

NetApp sees Q3 2023 EPS of $1.25-$1.35, versus the consensus of $1.44. NetApp sees Q3 2023 revenue of $1.525-1.675 billion, versus the consensus of $1.71 billion.

NetApp sees FY2023 EPS of $5.30-$5.50, versus the consensus of $5.52.

For earnings history and earnings-related data on NetApp (NTAP) click here.

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