Stifel Lowers Estimates on NetApp (NTAP) Post Q2
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NetApp Reports Second Quarter Fiscal Year 2016 Results
November 18, 2015 4:01 PM ESTSUNNYVALE, 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-quarterNetApp (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
