Shares of NetApp NTAP fell in after-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share decreased 5.17% year over year to $1.10, which beat the estimate of $1.01.
Revenue of $1,470,000,000 up by 4.70% from the same period last year, which beat the estimate of $1,430,000,000.
Guidance
Q4 EPS expected between $1.06 and $1.14.
Q4 revenue expected between $1,440,000,000 and $1,540,000,000.
How To Listen To The Conference Call
Date: Feb 24, 2021
Time: 05:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/v63fxpk9
Recent Stock Performance
Company's 52-week high was at $71.67
Company's 52-week low was at $34.66
Price action over last quarter: Up 10.03%
Company Profile
NetApp is a leading provider of enterprise data management and storage solutions. The company's three operating business units are products, software maintenance, and hardware maintenance. NetApp transitioned from a data center storage firm to a company with software data management solutions for multicloud environments. The California-headquartered company sells globally and has approximately 10,000 employees.
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