Deutsche Bank Remains Sidelined on NetApp (NTAP) Following 4Q Miss
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NetApp Reports Fourth Quarter and Fiscal Year 2016 Results
May 25, 2016 4:06 PM EDTSUNNYVALE, CA -- (Marketwired) -- 05/25/16 -- NetApp (NASDAQ: NTAP)
NetApp" clustered Data ONTAP" node shipments increased in fiscal year 2016 by 85% year-over-year All Flash FAS units for fiscal year 2016 grew 345% year-over-year Deferred revenue and financed unearned services revenue for fiscal year 2016 up 6% year-over-year Authorized an increase in the quarterly cash dividend to $0.19 per share for the first quarter of fiscal year 2017 $1.17 billion returned to shareholders in share repurchases and cash dividends; 144% of free cash flow(1) in fiscal year 2016NetApp Appoints Steve Smith to Board of Directors
May 25, 2016 4:05 PM EDTSUNNYVALE, CA -- (Marketwired) -- 05/25/16 -- NetApp (NASDAQ: NTAP) today announced that Steve Smith, CEO and president of Equinix, has joined its board of directors. Smith's appointment brings the number of NetApp board members to 10, 9 of whom are independent.
"Steve's 25 years of broad experience and work as an active CEO will add a valuable perspective to our board of directors," said George Kurian, chief executive officer at NetApp. "He has a wealth of deep technology expertise and understanding of how IT environments are evolving. We look forward to benefiting from his... More
WWT and Klas Telecom Deliver Mobile CSfC Solution in Response to NCIA Innovation Challenge
May 24, 2016 5:27 PM EDTSecure, Modular, Robust and Ruggedized Mobile Solution Leverages Commercial Technology to Protect Classified Data and Drastically Speed Deployments
ST. LOUIS--(BUSINESS WIRE)-- World Wide Technology, Inc. (WWT), a market-leading systems integrator that provides innovative technology and supply chain solutions, today announced that it has partnered with Klas Telecom to design and deliver a secure, modular, robust and ruggedized mobile solution leveraging Cisco and Klas technology in response to the NATO Communication and Information Agency (NCIA) Innovation Challenge. The solution, which aligns directly with the National Security Agency (NSA) Commercial Solutions for Classified (CSfC) program,... More
