NetApp Inc. (Nasdaq: NTAP) disappointed with lower fourth quarter revenue and earnings of 43 cents per diluted share compared with 59 cents per diluted share in the year ago period that fell short of analyst expectations and forecast current
quarter results below estimates prompting a downgrade. Shares of the network storage solutions company plummeted $3.56 to close at $31.77.
NetApp disappoints
May 21, 2015 at 16:55 PM EDT