Cantor Fitzgerald Downgrades NetApp (NTAP) to Hold; Secular Challenge and Execution Issues
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NetApp Reports Fourth Quarter and Fiscal Year 2015 Results
May 20, 2015 4:08 PM EDTSUNNYVALE, CA -- (Marketwired) -- 05/20/15 -- NetApp (NASDAQ: NTAP)
NetApp clustered Data ONTAP node shipments increased 163%; All Flash FAS units grew 260% for fiscal year 2015. Cash from operations for fiscal year 2015 was $1.27 billion. Increased first quarter fiscal year 2016 cash dividend by 9% to $0.18 per share.NetApp (NASDAQ: NTAP) today reported financial results for the fourth quarter and fiscal year 2015, ended April 24, 2015.
Fourth Quarter Financial Results Net revenues for the fourth quarter of fiscal year 2015 were $1.54... More
