FBN Securities Raises Price Target on NetApp (NTAP) Following Solid 1Q Report

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NetApp Names Jean English Chief Marketing Officer

August 17, 2016 4:05 PM EDT

SUNNYVALE, CA -- (Marketwired) -- 08/17/16 -- NetApp, Inc. (NASDAQ: NTAP) today announced the appointment of Jean English as chief marketing officer (CMO).

English brings a wealth of leadership and marketing experience to NetApp and to the role of CMO. Her experience in business-to-business marketing spans over 20 years. She has expertise in developing and implementing comprehensive marketing strategies that include global and country-level strategic planning, branding and positioning, product and solutions marketing, integrated multichannel marketing, digital marketing and commerce, and sales channel enablement and optimization. Jean joins NetApp... More

NetApp Reports First Quarter Fiscal Year 2017 Results

August 17, 2016 4:01 PM EDT

Clustered Data ONTAP deployed on 32% of installed base systemsDeferred revenue and financed unearned services revenue up 8% year-over-yearFree cash flow1 of $192 million, up more than 100% year-over-year$228 million returned to shareholders in share repurchases and cash dividends

SUNNYVALE, Calif., Aug. 17, 2016 (GLOBE NEWSWIRE) -- NetApp (NASDAQ: NTAP) today reported financial results for the first quarter fiscal year 2017, ended July 29, 2016.

First Quarter Financial ResultsNet revenues for the first quarter of fiscal year 2017 were $1.29 billion. GAAP net income for the first quarter of fiscal year 2017 was $64... More