47.02 +0.01 (0.02%)
After hours: 4:50PM EDT
|Bid||46.77 x 2200|
|Ask||47.01 x 1000|
|Day's Range||46.96 - 47.80|
|52 Week Range||44.55 - 88.08|
|Beta (3Y Monthly)||1.41|
|PE Ratio (TTM)||10.42|
|Forward Dividend & Yield||1.92 (3.28%)|
|1y Target Est||N/A|
Pure Storage's (PSTG) robust adoption of FlashArray & FlashBlade solutions is driving growth. However, currency headwinds, and high tariffs owing to trade war between the U.S. and China remains headwind.
The ongoing trade war with China is having an impact on Triangle companies. Michael Walden, North Carolina State University professor and economist, says the tariff situation has created a headwind that’s likely responsible for shaving 0.6 percentage points off GDP growth. “While businesses can ultimately obtain products from sources other than China, changing supply chains takes a while,” he says.
NetApp Inc. (NASDAQ: NTAP ) reported fiscal first-quarter results , which beat analyst expectations but NetApp CEO George Kurian acknowledged he's disappointed with the revenue performance -- a sentiment ...
GW Pharmaceuticals, NetApp, KB Home, PulteGroup, M/I Homes, Lennar and Toll Brothers highlighted as Zacks Bull and Bear of the Day
NetApp (NTAP) delivered earnings and revenue surprises of 14.04% and 0.57%, respectively, for the quarter ended July 2019. Do the numbers hold clues to what lies ahead for the stock?
Shares of Silicon Valley's biggest companies fell sharply on Wednesday as the Dow Jones Industrial Average closed out its worst day yet of 2019.
NetApp Inc. shares rose in the extended session Wednesday after the data-storage company reported a better-than-feared outlook and earnings. NetApp shares rose 4% after hours, following a 4.9% drop in the regular session to close at $44.71. The company reported fiscal first-quarter net income of $103 million, or 42 cents a share, compared with $283 million, or $1.05 a share, in the year-ago period. Adjusted earnings were 65 cents a share. Revenue declined to $1.24 billion from $1.47 billion in the year-ago quarter. NetApp warned about its results at the beginning of August, issuing a profit warning of 55 cents to 60 cents a share. Analysts surveyed by FactSet had forecast earnings of 62 cents a share on revenue of $1.25 billion, and 78 cents a share on revenue of $1.36 billion before the warning. NetApp expects earnings of 91 cents to 99 cents a share on revenue of $1.33 billion to $1.48 billion, while analysts had forecast 90 cents a share on revenue of $1.37 billion.
NetApp, Inc. (NASDAQ:NTAP) shareholders might understandably be very concerned that the share price has dropped 33% in...
Investing.com - NetApp (NASDAQ:NTAP) reported first quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts.
Cisco Systems Inc. heads into its fourth-quarter earnings report Wednesday facing concerns about its exposure to the U.S.-China trade impasse and a revenue-guidance warning from NetApp Inc. last week.
NetApp (NTAP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Hewlett Packard Enterprise (HPE) stock fell 6.15% on Friday amid fears that President Trump’s trade war with China could hurt its business.