NetApp (NASDAQ:NTAP) reported fiscal Q4 adjusted earnings of $1.54 per diluted share, up from $1.42 a year earlier.
Analysts polled by Capital IQ expected $1.34.
Revenue for the quarter ended April 28 was $1.58 billion, down from $1.68 billion a year earlier.
Analysts surveyed by Capital IQ expected $1.54 billion.
The data management company said it expects fiscal Q1 adjusted EPS of $1.00 to $1.10 on revenue of $1.33 billion to $1.48 billion. Analysts polled by Capital IQ are looking for adjusted EPS of $1.20 and revenue of $1.46 billion.
NetApp said it expects fiscal 2024 adjusted EPS of $5.65 to $5.85. Analysts polled by Capital IQ are looking for $5.40. Revenue for the current fiscal year is projected to be down in the low-to-mid single digit percentage.