Drexel Hamilton Upgrades NetApp (NTAP) to Buy
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NetApp Reports Second Quarter Fiscal Year 2017 Results
November 16, 2016 4:01 PM ESTAll flash array annualized net revenue run rate exceeded $1 billionOver 200 petabytes of flash shippedClustered Data ONTAP deployed on 86% of systems shipped$169 million returned to shareholders in share repurchases and cash dividends
SUNNYVALE, Calif., Nov. 16, 2016 (GLOBE NEWSWIRE) -- NetApp (NASDAQ: NTAP) today reported financial results for the second quarter fiscal year 2017, ended October 28, 2016.
Second Quarter Financial ResultsNet revenues for the second quarter of fiscal year 2017 were $1.34 billion. GAAP net income for the second quarter of fiscal year 2017 was $109 million, or $0.38 per share,1... More