|Bid||38.33 x 700|
|Ask||38.62 x 100|
|Day's Range||39.06 - 39.87|
|52 Week Range||30.36 - 43.14|
|PE Ratio (TTM)||36.13|
|Earnings Date||Aug 16, 2017|
|Dividend & Yield||0.76 (1.90%)|
|1y Target Est||42.92|
NetApp reported fiscal Q4 sales and earnings that beat expectations for the provider of data storage and network management services.
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Shares of storage technology vendor NetApp (NTAP) are down $1.08, or 2.7%, at $38.48, in late trading, after the company this afternoon reported fiscal Q4 revenue and profit that topped analysts' expectations, but forecast this quarter a little lower, and raised its quarterly dividend by a penny per share. Chief executive George Kurian said the company had "another quarter of solid results," crediting the company's "continued focus and disciplined execution." Kurian added NetApp has "regained momentum, returning the company to revenue growth and delivering against all of our fiscal year 2017 commitments." He added, "we are gaining market share, expanding our addressable market, and creating new opportunities for NetApp." For the current quarter, the company sees revenue of $1.24 billion to $1.39 billion, and EPS of 49 cents to 57 cents.