Stifel Lowers Estimates on NetApp (NTAP) Post Q2

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NetApp (NTAP) Cash Flow Decline Highlights Challenges - BMO

November 19, 2015 8:09 AM EST

Keith Bachman, BMO Hardware and Services analyst, cut his FCF estimates for NetApp (NASDAQ: NTAP) . Although revenue and earnings looked good for the current quarter, FCF of $99 million in the October quarter compares with $330 million generated in year-earlier period and the outlook for... More

Needham & Company Reiterates Hold on NetApp (NTAP) Following 2Q EPS Beat

November 19, 2015 7:05 AM EST

Needham & Company reiterated a Hold rating on NetApp (NASDAQ: NTAP) following the company's 2Q16 earnings report. NTAP reported revenue of $1.45B, roughly in line with consensus ($1.43B), and EPS of $0.61 above the Streets $0.57. Guidance was revenue of $1.40-1.50B and EPS of... More

NetApp (NTAP) Tops Q2 EPS by 4c; Issues Q3 Outlook

November 18, 2015 4:02 PM EST

NetApp (NASDAQ: NTAP) reported Q2 EPS of $0.61, $0.04 better than the analyst estimate of $0.57. Revenue for the quarter came in at $1.45 billion versus the consensus estimate of $1.43 billion.

NetApp sees Q3 2016 EPS of $0.66-$0.71, versus the consensus of $0.70. NetApp sees Q3 2016 revenue of $1.40-1.50... More