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NetApp Q2 results solid, outlook in line

NetApp’s second quarter results may be indicating that the company has made progress rebounding in the storage market.

The company reported second quarter earnings of $114 million, or 39 cents a share, on revenue of $1.45 billion. Non-GAAP earnings for the second quarter were 61 cents a share.

Wall Street was looking for second quarter earnings of 57 cents a share on revenue of $1.43 billion. [1]

[1] By Larry Dignan for ZDNet

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