NetApp (NTAP) Tops Q3 EPS by 8c

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NetApp Reports Third Quarter Fiscal Year 2017 Results

February 15, 2017 4:01 PM EST

Net Revenues of $1.40 Billion; Up 5% Quarter-over-Quarter and 1% Year-over-Year; GAAP EPS of $0.52 and Non-GAAP EPS of $0.82

All-flash array annualized net revenue run rate almost $1.40 billion, up 160% year-over-year.Nearly 300 petabytes of flash shipped.Clustered Data ONTAP managing 50% of installed base capacity.$336 million returned to shareholders in share repurchases and a cash dividend.

SUNNYVALE, Calif., Feb. 15, 2017 (GLOBE NEWSWIRE) -- NetApp (NASDAQ: NTAP) today reported financial results for the third quarter of fiscal year 2017, ended January 27, 2017.

Third Quarter Financial ResultsNet... More