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NetApp's Q2 Earnings & Revenues Surpass Estimates, Stock Up
ZACKS· 2025-11-26 23:36
Key Takeaways NetApp's Q2 earnings and revenues rose year over year and topped guidance.Growth was fueled by stronger AI demand, cloud storage uptake and all-flash gains.NTAP raised EPS and margin forecasts while keeping revenue targets.NetApp, Inc. (NTAP) reported second-quarter fiscal 2026 non-GAAP earnings of $2.05 per share, which beat the Zacks Consensus Estimate by 8.5%. The figure increased 9.6% year over year. The bottom line exceeded the company’s guided range of $1.84-$1.94.Revenues of $1.71 billi ...
NetApp Shares Climb After Q2 Earnings Beat Estimates
Benzinga· 2025-11-26 06:33
NetApp, Inc. (NASDAQ:NTAP) shares soared after the company released its second-quarter earnings report after Tuesday's closing bell, beating estimates on the top and bottom lines.Here's a look at the details in the report. NTAP stock is moving. Watch the price action here.The Details: NetApp reported quarterly earnings of $2.05 per share, which beat the consensus estimate of $1.89.Quarterly revenue came in at $1.71 billion, which beat the Street estimate of $1.69 billion.Read Next: Alphabet Stock Is Extreme ...