NetApp Stock Climbs After Better-Than-Expected Q2 Results

NetApp, Inc. (NASDAQ:NTAP) reported its second-quarter results after Thursday's closing bell. Here's a look at the details from the report. 

The Details: NetApp reported quarterly earnings of $1.87 per share, which beat the analyst consensus estimate of $1.78. Quarterly revenue came in at $1.65 billion, which beat the analyst consensus estimate of $1.64 billion and is an increase over revenue of $1.56 billion from the same period last year.

The company reported:

• Hybrid Cloud segment revenue of $1.49 billion, compared to $1.41 billion in the second quarter of fiscal year 2024.
  Public Cloud segment revenue ...

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