NetApp's Earnings: Steady Growth Ahead
Update: 2025-11-24
Description
NetApp, a data storage company, is poised to unveil its latest earnings this Tuesday, following a quarter where it marginally increased revenue by 1.2% to $1.56 billion. Analysts predict a 1.7% year-over-year revenue growth to $1.69 billion for this quarter, a slowdown from last years 6.1% increase. Adjusted earnings are expected to be around $1.89 per share. Despite consistent analyst estimates, NetApps growth pace is slower than some competitors like IonQ and Diebold Nixdorf, which recently reported significant revenue increases and stock price hikes.
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