Shares of data storage company NetApp (NASDAQ:NTAP) jumped 2.4% in the morning session after the company reported second-quarter 2025 results that surpassed analyst expectations for both revenue and earnings.
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Data storage company NetApp (NASDAQ:NTAP) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 1.2% year on year to $1.56 billion. The company expects next quarter’s revenue to be around $1.69 billion, close to analysts’ estimates. Its non-GAAP profit of $1.55 per share was 0.7% above analysts’ consensus estimates.
Data storage company NetApp (NASDAQ:NTAP) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 1.2% year on year to $1.56 billion. The company expects next quarter’s revenue to be around $1.69 billion, close to analysts’ estimates. Its non-GAAP profit of $1.55 per share was 0.7% above analysts’ consensus estimates.
Wall Street traded cautiously on Wednesday, with major indices little changed at midday as investors awaited NVIDIA Corp.‘s (NASDAQ:NVDA) second-quarter earnings after the bell.
