NetApp Fiscal Q4 Non-GAAP Earnings, Revenue Rise; Sets Fiscal Q1, 2027 Guidance

MT Newswires Live
05/29

NetApp (NTAP) reported fiscal Q4 non-GAAP earnings late Thursday of $2.43 per diluted share, up from $1.93 a year earlier.

Analysts polled by FactSet expected $2.27.

Revenue for the three months ended April 24 was $1.95 billion, compared with $1.73 billion a year earlier.

Analysts surveyed by FactSet expected $1.87 billion.

The company expects fiscal Q1 non-GAAP EPS of $2.05 to $2.15 on revenue of about $1.75 billion to $1.90 billion. Analysts polled by FactSet expect $1.84 and $1.67 billion.

NetApp said it expects its fiscal 2027 non-GAAP EPS in the range of $8.70 to $9.00 on revenue of $7.325 billion to $7.575 billion.

Analysts polled by FactSet expect $8.55 and $7.20 billion.

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