Posted Feb. 16, 2012 at 9:08 a.m.

Premium Lock NetApp's forecast sends shares up 8% in late trading

Published: 2012-02-16 09:08:06
Updated: 2012-02-16 09:08:06

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NetApp NetApp

The storage technology company, which has a major presence in RTP, says it expects its adjusted earnings to be between 60 and 65 cents per share during the current quarter. That's in line with the 63 cents per share that analysts were expecting, according to FactSet. The company said its revenue should be between $1.65 billion and $1.73 billion in the quarter, which was toward the high end of expectations for $1.68 billion in revenue....Copyright 2013 by The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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