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