More Q3 revenue Netpp

NetApp (NASDAQ: NTAP) today reported financial results for the second quarter of fiscal year 2021, which ended on October 30, 2020.

“In the second quarter, NetApp again delivered strong results, successfully executing against our plan to scale our cloud business while growing in the storage market. We also introduced significant new products and services which further advance our Data Fabric strategy,” said George Kurian, chief executive officer. “We are a primary beneficiary of the increasing importance of data and are uniquely positioned to help customers with their digital transformations. I am confident in our ability to drive long-term growth, extend our hybrid cloud leadership, and deliver value for customers, partners, and shareholders.”

Netapp balance Q3 2020

Netapp results Q3 2020

For this year NetApp 's (located in Sunnyvale) revenue will be around 5,61 billion USD. This is according to the average of the analysts' estimates. This is slightly more than 2019's revenue of 5,41 billion USD.

Historical revenues and results NetApp plus estimates 2020

Netapp

The analysts expect for 2020 a net profit of 871 million USD. According to most of the analysts the company will have a profit per share for this book year of 3,89 USD. With this the price/earnings-ratio is 15,71.

Huge dividend NetApp

For this year the analysts expect a dividend of 1,92 USD per share. Thus the dividend yield equals 3,14 percent. The average dividend yield of the hardware & equipment companies equals a low 0,29 percent.

NetApp 's market capitalization is around 14,67 billion USD. The NetApp stock was the past 12 months quite unstable. Since last December the stock is 2 percent higher. This year the stock price moved between 35 and 65 dollar.

Historical stock prices NetApp

Click here for dividend NetApp. On Thursday the stock closed at 61,12 USD.

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