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NetApp Inc Issues Q3 2012 Guidance Below Analysts' Estimates
NetApp Inc announced that for third quarter of 2012, it expects revenue to be in the range of $1.520-$1.610 billion, GAAP earnings per share to be approximately $0.36 to $0.40 per share. The Company estimates non-GAAP earnings per share (EPS) to be approximately $0.56-$0.60 per share. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $1.633 billion and EPS of $0.45 for third quarter of 2012.
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