Investing.com – NetApp (NASDAQ:) reported second quarter that beat analysts’ expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.09 on revenue of $1.37B. Analysts polled by Investing.com forecast EPS of $0.94 on revenue of $1.38B. That compared to EPS of $1.06 on revenue of $1.52B in the same period a year earlier. The company had reported EPS of $0.65 on revenue of $1.24B in the previous quarter.
NetApp shares gained 0.43% to trade at $60.30 in after-hours trade following the report.
NetApp follows other major Technology sector earnings this month
On October 30, Apple reported fourth quarter EPS of $3.03 on revenue of $64.04B, compared to forecasts of EPS of $2.83 on revenue of $63.01B.
Microsoft earnings beat analysts’ expectations on October 23, with first quarter EPS of $1.38 on revenue of $33.06B. Investing.com analysts expected EPS of $1.25 on revenue of $32.15B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.