India, May 30 -- Data infrastructure company NetApp Inc. (NTAP) on Thursday revealed outlook for the first quarter and fiscal 2026, expecting year-over-year growth in the year, after reporting higher fourth-quarter results.
Meanwhile, the stock was down 6 percent on Thursday's extended hours on the NYSE at $93.60, after losing 0.5 percent in the regular trading.
For the first quarter of 2026, the company expects earnings per share in the range of $1.06 - $1.16. Adjusted earnings per share are projected between $1.48 and $1.58. Quarterly revenues are expected in the $1.455 billion-$1.605 billion range.
Analysts, on average, expect the company to post earnings of $1.55 per share on revenues of $1.57 billion in the first quarter. Analysts' ...