NetApp (NASDAQ:NTAP) reported its Q3 earnings results on Wednesday, February 23, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
NetApp beat estimated earnings by 12.5%, reporting an EPS of $1.44 versus an estimate of $1.28.
Revenue was up $144.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 0.65% increase in the share price the next day.
Here's a look at NetApp's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.21 | 0.95 | 1.12 | 1.01 |
| EPS Actual | 1.28 | 1.15 | 1.17 | 1.10 |
| Revenue Estimate | 1.55B | 1.43B | 1.50B | 1.43B |
| Revenue Actual | 1.57B | 1.46B | 1.55B | 1.47B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
