NetApp (NTAP) Tops Q2 EPS by 4c; Issues Q3 Outlook

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Go back to NetApp (NTAP) Tops Q2 EPS by 4c; Issues Q3 Outlook

NetApp Reports Second Quarter Fiscal Year 2016 Results

November 18, 2015 4:01 PM EST

SUNNYVALE, CA -- (Marketwired) -- 11/18/15 -- NetApp (NASDAQ: NTAP)

Product revenue of $815 million, up 23% quarter-over-quarter All Flash FAS units grew 246% quarter-over-quarter Flash capacity grew 80% quarter-over-quarter

NetApp (NASDAQ: NTAP) today reported financial results for the second quarter of fiscal year 2016, ended October 30, 2015.

Second Quarter Financial Results Net revenues for the second quarter of fiscal year 2016 were $1.45 billion. GAAP net income for the second quarter of fiscal year 2016 was $114 million, or $0.39 income per share(1), compared to GAAP... More