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NetApp Fiscal Q1 Adjusted Earnings Fall, Revenue Rises; Q2 Outlook Set; Dividend Maintained
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NetApp Fiscal Q1 Adjusted Earnings Fall, Revenue Rises; Q2 Outlook Set; Dividend Maintained
Aug 27, 2025 1:41 PM

04:15 PM EDT, 08/27/2025 (MT Newswires) -- NetApp ( NTAP ) reported fiscal Q1 adjusted earnings late Wednesday of $1.55 per diluted share, down from $1.56 a year earlier.

Analysts polled by FactSet expected $1.54.

Revenue for the quarter ended July 25 was $1.56 billion, up from $1.54 billion a year earlier.

Analysts surveyed by FactSet expected $1.55 billion.

The company set fiscal Q2 adjusted EPS guidance of $1.84 to $1.94 on revenue of $1.62 billion to $1.77 billion. Analysts expect EPS of $1.87 on revenue of $1.68 billion.

NetApp ( NTAP ) reiterated its full-year fiscal 2026 adjusted EPS guidance of $7.60 to $7.90. Analysts expect $7.75.

The company also maintained its full-year fiscal 2026 revenue guidance of $6.63 billion to $6.88 billion. Analysts expect $6.77 billion.

The company maintained its quarterly dividend at $0.52 per share, payable Oct. 22 to stockholders of record Oct. 3.

Shares fell 6% during after-hours trading.

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