Netapp reports q1 gaap earnings per share of $0.35

Netapp reports first quarter of fiscal year 2021 results.q1 revenue $1.3 billion versus refinitiv ibes estimate of $1.15 billion.q1 gaap earnings per share $0.35.q1 earnings per share estimate $0.41 -- refinitiv ibes data.qtrly billings of $1.15 billion, increased 6% year-over-year.qtrly gaap net income per share of $0.35.qtrly non-gaap net income per share of $0.73.sees q2 net revenues to be $1.225 billion to $1.375 billion.sees q2 gaap eps $0.28 - $0.36.sees q2 non-gaap eps $0.66 - $0.74.cash, cash equivalents and investments $3.77 billion at end of q1.
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