NetApp (NTAP) Tops Q2 EPS by 12c

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NetApp Reports Second Quarter Fiscal Year 2018 Results

November 15, 2017 4:01 PM EST

Second Quarter Fiscal 2018 Highlights

Product revenue increased 14% year-over-yearAll-flash array annualized net revenue run rate of $1.7 billion increased 58% year-over-yearGAAP EPS of $0.64 and non-GAAP EPS of $0.81 increased 68% and 35% year-over-year, respectively

SUNNYVALE, Calif., Nov. 15, 2017 (GLOBE NEWSWIRE) -- NetApp (NASDAQ: NTAP) today reported financial results for the second quarter fiscal year 2018, ended October 27, 2017. In the second quarter, NetApp again delivered strong operating results on the top and bottom lines. We also introduced a number of industry-leading innovations that position us for continued growth and expand our leadership position... More