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NetApp Forecasts Revenues Between $870 and $885 Million in Fiscal 2Q10

More than expected

At the company’s annual analyst meeting, Steve Gomo, CFO, said that, for fiscal 2Q10 ending in September, NetApp expects revenues of $870 million to $885 million – to be compared to $838 million in 1Q10 – and earnings from $0.29 to $0.30 a share. For the following quarter, forecasting revenues are between $910 million to $930 million, and non-GAAP profits of $0.35 to $0.36 a share.

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