NetApp stock rises on better-than-feared results
NetApp Inc. shares rose in the extended session Wednesday after the data-storage company reported a better-than-feared outlook and earnings. NetApp shares rose 4% after hours, following a 4.9% drop in the regular session to close at $44.71. The company reported fiscal first-quarter net income of $103 million, or 42 cents a share, compared with $283 million, or $1.05 a share, in the year-ago period. Adjusted earnings were 65 cents a share. Revenue declined to $1.24 billion from $1.47 billion in the year-ago quarter. Читать дальше...