Benzinga | Aug 26, 2020 04:01PM EDT

NetApp Q1 Adj. EPS $0.73 Beats $0.41 Estimate, Sales $1.30B Beat $1.15B Estimate

NetApp (NASDAQ:NTAP) reported quarterly earnings of $0.73 per share which beat the analyst consensus estimate of $0.41 by 78.05 percent. This is a 12.31 percent increase over earnings of $0.65 per share from the same period last year. The company reported quarterly sales of $1.30 billion which beat the analyst consensus estimate of $1.15 billion by 13.04 percent. This is a 5.18 percent increase over sales of $1.24 billion the same period last year.