NetApp quarterly revenue forecast disappoints, shares fall 6%

NetApp quarterly revenue forecast disappoints, shares fall 6%

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Summary

NetApp forecast second-quarter revenue marginally ahead of estimates on Wednesday, as enterprises soften spending on clo...

NetApp forecast second-quarter revenue marginally ahead of estimates on Wednesday, as enterprises soften spending on cloud-based storage services in an uncertain economy, sending its shares down nearly 6% in extended trading.