NetApp: Fiscal Q3 Earnings Snapshot

SelfRugger · 2026-04-09T06:40:50+00:00

NetApp reported a fiscal Q3 profit of $334 million, exceeding expectations with adjusted earnings of $2.12 per share. Revenue reached $1.71 billion, surpassing forecasts. For Q4, the company anticipates earnings between $2.21 and $2.31 per share.

SelfRugger

2026-04-09 06:40:50

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NetApp: Fiscal Q3 Earnings Snapshot

Associated Press Finance

Fri, February 27, 2026 at 6:10 AM GMT+9 1 min read

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NTAP

-2.69%

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — NetApp Inc. (NTAP) on Thursday reported fiscal third-quarter profit of $334 million.

The San Jose, California-based company said it had net income of $1.67 per share. Earnings, adjusted for one-time gains and costs, came to $2.12 per share.

The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.07 per share.

The data storage company posted revenue of $1.71 billion in the period, which also beat Street forecasts. Nine analysts surveyed by Zacks expected $1.69 billion.

For the current quarter ending in April, NetApp expects its per-share earnings to range from $2.21 to $2.31.

The company said it expects revenue in the range of $1.8 billion to $1.95 billion for the fiscal fourth quarter.

NetApp expects full-year earnings in the range of $7.92 to $8.02 per share, with revenue ranging from $6.77 billion to $6.92 billion.

This story was generated by Automated Insights () using data from Zacks Investment Research. Access a Zacks stock report on NTAP at

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