luck to you too.
margins... margins.... get over that hurdle and the stock should take off for sure.
btw, hpq reported too and guided to -5% sequential. Also seems like their storage was not too hot. So ntap's guidance is superb!
you post went up at 4:21? it was trading at 32.40-ish http://www.nasdaq.com/aspxcontent/ExtendedTradingTrades.aspx?&symbol=LSI&symbol=BRCM&symbol=NTAP&symbol=ELX&symbol=QLGC&pageno=10&selected=NTAP&mkttype=AFTER
Here's the thing though.
Based on past earnings, with that large of a beat on revenues, it should've trickled down to the bottom line. It didn't.
That's what those of us want to know. Sure the top line looks great, but why couldn't you grow the bottom line?
If you run the gross margin numbers, they are way below where anyone on the street was. I want to know why. Supply constraints might be a big part of that, but it looks like it's going to be the same issue next quarter too.
As someone above summarized: Top line great, but we need to know why it didn't translate to better earnings (we're talking about a much greater beat would have occurred if they had been in line with what analysts had modeled).
Just a red flag, possibly a minor one. Let's hope for some more color on the call.
This is something people INVESTING in the company care about; not all the traders and flippers.