US Stock Price Fluctuated | Q3 financial report exceeds expectations, American Networked Storage (NTAP.US) rises more than 23%

On Friday, the stock price of American Web Storage (NTAP.US) rose, as of the time of writing, the stock surged over 23% to $109.6. The company reported an adjusted earnings per share of $1.94 for the third quarter of 2024, with revenue of $1.61 billion. Analysts had previously expected earnings per share of $1.69 and revenue of $1.59 billion for the company. The company's key revenue indicator, billings, increased by 7% year-on-year to $1.69 billion.