Benzinga | Feb 24, 2021 04:01PM EST

NetApp Q3 Adj. EPS $1.10 Beats $1.01 Estimate, Sales $1.47B Beat $1.43B Estimate

NetApp (NASDAQ:NTAP) reported quarterly earnings of $1.10 per share which beat the analyst consensus estimate of $1.01 by 8.91 percent. This is a 5.17 percent decrease over earnings of $1.16 per share from the same period last year. The company reported quarterly sales of $1.47 billion which beat the analyst consensus estimate of $1.43 billion by 2.80 percent. This is a 4.70 percent increase over sales of $1.40 billion the same period last year.