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Wednesday, August 16, 2017

NetApp Inc. Reports 34% Increase In Q1 Earnings

RTTNews.com) - #NetApp Inc. ( #NTAP ) reported earnings for its first quarter that climbed compared to the same period last year. The company said its bottom line came in at $173 million, or $0.62 per share. This was up from $129 million, or $0.46 per share, in last year's first quarter. Analysts had expected the company to earn $0.55 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items. The company said revenue for the quarter rose 3.1% to $1.33 billion. This was up from $1.29 billion last year. NetApp Inc. earnings at a glance: -Earnings (Q1): $173 Mln. vs. $129 Mln. last year. -Earnings Growth (Y-o-Y): 34.1% -EPS (Q1): $0.62 vs. $0.46 last year. -EPS Growth (Y-o-Y): 34.8% -Analysts Estimate: $0.55 -Revenue (Q1): $1.33 Bln vs. $1.29 Bln last year. -Revenue Change (Y-o-Y): 3.1%

https://www.google.com/amp/www.nasdaq.com/article/netapp-inc-reports-34-increase-in-q1-earnings-20170816-00934/amp

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