NetApp (NASDAQ: NTAP) stock jumped more than 10% in the extended hours after the company reported its first quarter 2021 earnings results that beat the market’s estimates. Non-GAAP EPS of $0.73 and revenue of $1.30 billion bettered the consensus targets.
For the second quarter of 2021, NetApp expects GAAP EPS to be in the range of $0.28 to $0.36 and non-GAAP EPS to be in the range of $0.66 to $0.74. Revenue is touted to be in the range of $1.225 billion to $1.375 billion.
Broadcom Limited (NASDAQ: AVGO) reported first quarter 2021 earnings results today. Total revenue increased 14% year-over-year to $6.65 billion. GAAP net income was $1.3 billion, or $3.05 per share, compared
Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the second quarter of 2021. Earnings missed analysts’ expectations, while sales beat. Net profit was $951 million
With the corporate world rapidly shifting to cloud-native computing after the virus outbreak changed work culture and the way businesses operate, technology providers are aggressively innovating their offerings. Hewlett Packard