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Technology

NetApp stock fell despite earnings beat, Barron's reports

Fiscal first-quarter revenue grew 30% to $2.03 billion, beating Wall Street estimates of $1.84 billion, according to Barron's.

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1 Source, 29d ago, first seen 29d ago

TLDR

Barron's reported that NetApp beat earnings estimates, but its stock was falling anyway. The publication said fiscal first-quarter revenue reached $2.03 billion, up 30% and above the $1.84 billion Wall Street expected.

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1 Source, first seen 29d ago

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Combined views

4.8K

1 Source, first seen 29d ago

2 likes2 reposts

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1 Source

@barronsonlineNetApp Earnings Beat Estimates. The Stock is Falling Anyway. https://trib.al/HG8Msvk29d
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    1 Source

    @barronsonlineNetApp Earnings Beat Estimates. The Stock is Falling Anyway. https://trib.al/HG8Msvk29d
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