|Bid||54.20 x 100|
|Ask||59.19 x 200|
|Day's Range||56.36 - 59.00|
|52 Week Range||37.43 - 64.06|
|PE Ratio (TTM)||24.31|
|Forward Dividend & Yield||0.80 (1.42%)|
|1y Target Est||63.27|
NetApp announced its fiscal Q3 earnings on February 14, reporting 8% annual growth in net revenue to $1.5 billion. Through the course of the current fiscal year, NetApp has witnessed solid revenue growth, driven by the company’s Strategic Product segment.
NetApp Inc. (NASDAQ: NTAP ) reported a top-and-bottom line beat in its fiscal third quarter , but shares initially lost more than 7 percent mostly due to a decline in gross margins. The sell-off represents ...
NetApp posted earnings that beat views but implied a reduction in gross margins that could impact profitability.
Stocks that moved substantially or traded heavily Thursday: Cisco Systems Inc., up $1.99 to $44.08 The technology company had a solid second quarter and said it will buy back $25 billion in stock. Teva ...
Here are some things going on today in your world of tech: Apple’s China challenge Apple's (AAPL) iPhone did better in China than some expected in the December, quarter, as reported a couple weeks ago, and Morgan Stanley’s Katy Huberty expects the momentum to continue in 2018. After reviewing various market data points for the China smartphone market, she concludes "this iPhone cycle is not the ‘supercycle' we previously expected." Nevertheless, she writes, "we continue to believe that the accelerating adoption of Apple's highest end iPhone in the worlds largest smartphone market will drive active smartphone market share gains for Apple in the periods ahead." How Qualcomm listened Yesterday afternoon we heard from Qualcomm (QCOM) about its meeting with Broadcom (AVGO), in a press release, and this morning comes a report by Reuters’s Greg Roumelioris stating that Broadcom management felt Qualcomm “listened to them but did not engage,” citing multiple unnamed sources.
NetApp (NTAP) reported impressive third-quarter results backed by increased product adoption, strong partnership programs and expanding product portfolio.
After stocks roared Wednesday, several techs made noise overnight: Cisco Systems, Applied Materials, Teva Pharmaceutical, NetApp, TripAdvisor and SolarEdge.
Shares of storage technology pioneer NetApp (NTAP) are down $6.64, or 12%, at $54, in late trading, even though the company this afternoon reported results that beat fiscal Q3 expectations, and forecast revenue higher this quarter as well. Conversations on the conference call tonight implysome might be a little bit impatient about capital returns, perhaps amplified by Cisco Systems (CSCO) announcing a big boost to its buybacks tonight, and chip equipment vendor Applied Materials (AMAT) doing the same. CFO Ronald Pasek said to wait to hear more on the company’s analyst day in April, reiterating the company wants to “increases the dividend significantly." CEO George Kurian called the quarter’s results “strong,” citing “accelerating revenue and strong cash generation.” Cash flow after property plant and equipment more than doubled, year over year.
Shares of NetApp Inc. slumped in Wednesday's extended session after the data management company posted a quarterly loss. Netapp reported it swung to a loss of $506 million, or $1.89 a share, from a profit ...
The Sunnyvale, California-based company said it had a loss of $1.89 per share. Earnings, adjusted for one-time gains and costs, came to 99 cents per share. The results topped Wall Street expectations. ...
Third Quarter Fiscal 2018 Highlights. Product revenue increased 17% year-over-year All-flash array annualized net revenue run rate of $2.0 billion increased almost 50% year-over-year Expanded Cloud Data ...
NetApp (NASDAQ: NTAP ) announces its next round of earnings Wednesday. Here is Benzinga's everything-that-matters guide for today's Q3 earnings announcement. Earnings and Revenue Sell-side analysts expect ...
NetApp Inc. (NASDAQ: NTAP ) earned upgrades from two sell-side analysts who praised the storage and data management name's fundamentals. NetApp is scheduled to release its third-quarter earnings report ...