SUNNYVALE, Calif. (AP) _ NetApp Inc. (NTAP) on Wednesday reported fiscal third-quarter profit of $182 million.

On a per-share basis, the Sunnyvale, California-based company said it had profit of 80 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to $1.10 per share.

The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share.

The data storage company posted revenue of $1.47 billion in the period, also exceeding Street forecasts. Nine analysts surveyed by Zacks expected $1.43 billion.

For the current quarter ending in April, NetApp expects its per-share earnings to range from $1.06 to $1.14. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.10.

The company said it expects revenue in the range of $1.44 billion to $1.54 billion for the fiscal fourth quarter. Analysts surveyed by Zacks had expected revenue of $1.46 billion.

NetApp shares have climbed 8% since the beginning of the year, while the Standard & Poor's 500 index has climbed 4.5%. In the final minutes of trading on Wednesday, shares hit $71.57, a rise of 43% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTAP at https://www.zacks.com/ap/NTAP

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