NetApp (NTAP) Raises Quarterly Dividend 5.3% to $0.20; 2% Yield

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NetApp Reports Fourth Quarter and Fiscal Year 2017 Results

May 24, 2017 4:01 PM EDT

Net Revenues for Q4 up 5% quarter-over-quarter and 7% year-over-year.Q4 All-flash array annualized net revenue run rate of $1.70 billion, up almost 140% year-over-year.Over an exabyte of flash shipped in fiscal year 2017.$913 million returned to shareholders in share repurchases and cash dividends in fiscal year 2017.First quarter fiscal year 2018 dividend to increase by 5% to $0.20 per share.

SUNNYVALE, Calif., May 24, 2017 (GLOBE NEWSWIRE) -- NetApp (NASDAQ: NTAP) today reported financial results for the fourth quarter and fiscal year 2017, ended April 28, 2017.

Fourth Quarter Financial ResultsNet revenues... More

NetApp Reports Fourth Quarter and Fiscal Year 2017 Results

May 24, 2017 4:01 PM EDT

Net Revenues for Q4 up 5% quarter-over-quarter and 7% year-over-year.Q4 All-flash array annualized net revenue run rate of $1.70 billion, up almost 140% year-over-year.Over an exabyte of flash shipped in fiscal year 2017.$913 million returned to shareholders in share repurchases and cash dividends in fiscal year 2017.First quarter fiscal year 2018 dividend to increase by 5% to $0.20 per share.

SUNNYVALE, Calif., May 24, 2017 (GLOBE NEWSWIRE) -- NetApp (NASDAQ: NTAP) today reported financial results for the fourth quarter and fiscal year 2017, ended April 28, 2017.

Fourth Quarter Financial ResultsNet revenues... More