NetApp Beats Expectations with $0.09 Earnings, Surpassing Profit Forecasts

According to NetApp's (NASDAQ: NTAP) report, the second-quarter earnings per share stood at $1.87, exceeding analysts' expectations of $1.78 by $0.09. The reported revenue for this quarter was determined to be $1.66 billion, compared to analyst expectations of $1.64 billion.

For the third quarter of 2025, NetApp has guided earnings per share to be between $1.85 and $1.95, while analyst estimates were at $1.85. The company's anticipated revenue for the third quarter of 2025 is projected to be between $1.61 billion and $1.76 billion, with analyst forecasts at $1.68 billion.

NetApp's stock closed the day at $126.68, indicating a decline of 4.84% over the past three months. However, the stock has increased by 62.43% over the last 12 months. In the past 90 days, NetApp has reported 16 positive earnings per share and no negative earnings per share.

You can examine how NetApp's stock price reacted to past earnings reports here. According to InvestingPro, NetApp's financial health score is rated as "Quite Good." Further details on NetApp's latest earnings reports and its complete financial information can be found here. Stay informed on all developments related to balance sheets by visiting the Investing.com Earnings Calendar.