RESEARCH TRIANGLE PARK – Earnings continue to be good news for NetApp (NTAP), which has big presence in RTP.
The tech giant reported earnings this week of $1.15 a share – eight cents higher than expected.
“This quarterly report represents an earnings surprise of 7.48%. A quarter ago, it was expected that this data storage company would post earnings of $1.35 per share when it actually produced earnings of $1.54, delivering a surprise of 14.07%,” says Zacks research.
It’s he fourth straight earnings beat for NetApp, Zacks adds.
