Enterprise storage equipment vendor NetApp (NTAP) this afternoon reported fiscal Q3 revenue in line with analysts’ estimates, and profit per share that topped consensus expectations, and offered a forecast for profit this quarter higher as well.
Revenue in the three months ended in January rose to $1.63 billion, yielding EPS of 67 cents.
Analysts had been modeling $1.63 billion and 56 cents a share.
For the current quarter, the company sees revenue in a range of $1.7 billion to $1.8 billion, and earnings per share in a range of 65 cents to 70 cents. That compares to Street consensus of $1.75 billion and 65 cents.
NetApp shares are unchanged at $35.82 in late trading.
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