Netapp reports third quarter of fiscal year 2020 results

Netapp reports third quarter of fiscal year 2020 results.q3 revenue $1.4 billion versus refinitiv ibes estimate of $1.46 billion.q3 gaap earnings per share $1.21.sees fy 2020 revenue down about 10 percent.q3 earnings per share estimate $1.18 -- refinitiv ibes data.q3 non-gaap earnings per share $1.16.sees q4 2020 revenue $1.455 billion to $1.605 billion.sees q4 2020 non gaap earnings per share $1.28 to $1.36.sees q4 earnings per share $01.11 - $1.19.q4 earnings per share view $1.39, revenue view $1.57 billion -- refinitiv ibes data.fy net revenues are expected to decline approximately 10% year-over-year.fy gaap earnings per share expected to decline approximately 16% year-over-year.fy non-gaap earnings per share expected to decline approximately 7% year-over-year.fy2020 earnings per share view $4.30, revenue view $5.64 billion -- refinitiv ibes data.fy gaap consolidated gross margins are expected to be in range of 66% - 67%.fy non-gaap consolidated gross margins are expected to be in range of 67% - 68%.
NTAP Ratings Summary
NTAP Quant Ranking