Close

Summit Redstone Raises Price Target on Nimble Storage (NMBL) to $14 Following Solid 2Q

Go back to Summit Redstone Raises Price Target on Nimble Storage (NMBL) to $14 Following Solid 2Q

Nimble Storage Announces Second Quarter 2017 Results

August 23, 2016 4:01 PM EDT

SAN JOSE, Calif., Aug. 23, 2016 /PRNewswire/ -- Nimble Storage (NYSE: NMBL), the leader in predictive flash storage solutions, today reported financial results for the fiscal second quarter 2017. The company has released a discussion of these results by posting the current Shareholder Letter on its website at http://investors.nimblestorage.com.

"We saw strong momentum in customer and channel partner adoption of our All Flash arrays. Our AFA bookings accounted for 17% of our... More