NetApp Inc. (NTAP) reported fourth quarter non-GAAP EPS of $0.69 after the bell Tuesday, up from $0.66 in the prior year. The consensus estimate was for EPS of $0.68. The company expects to report first quarter non-GAAP EPS of $0.45 to $0.50. The consensus estimate is for EPS of $0.53.
NetApp has initiated a quarterly cash dividend of $0.15 per share of the Company's common stock. The Company also increased its current stock repurchase program, of which $1.4 billion remains outstanding, by an additional $1.6 billion.
NetApp declined during the first hour of trade Tuesday, but recovered some ground in late trade. The stock finished down by 0.56 at $36.63 on above average volume. NetApp is now up 0.93 on 1.7 million shares.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.