NetApp Inc. (NASDAQ:NTAP) reported second quarter EPS, beating market expectations at $1.06 on revenues of $1.52 bln, which also beat, coming in above the midpoint of the company’s guidance. However, like a number of other cloud and data plays, the company missed the spiritual target on next-Q guidance, underwhelming hopes […]
Tag: NTAP
NetApp Inc. (NASDAQ:NTAP) is Another Warning Signal About the Market Cycle
NetApp Inc. (NASDAQ:NTAP) provided us with another negative signal about the market’s appetite to keep betting on the technology cycle. NTAP posted earnings and guidance on Wednesday afternoon, beating on the bottom line and guiding up, but was basically in-line with revs and guided for another quarter ahead that was […]