NetApp Stock Jumps 10% After Q2 Earnings Beat
Posted on November 15, 2012 at 11:20 AM EST
NetApp (NTAP) shares climbed more than 10% in early trading Thursday, one day after the storage technology company beat analyst expectations for its second quarter and guidance for the current quarter. For Q2, NetApp reported a per-share profit, minus items, of 51 cents, 3 cents better than analyst views, but down from 63 cents in the year-ago quarter. Revenue rose 2.2% from the year-ago quarter to $1.541 billion, in line with analyst views. For