NetApp (NTAP) Tops Q4 EPS by 4c; Guides Q1 In-Line

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NetApp Reports Fourth Quarter and Fiscal Year 2018 Results

May 23, 2018 4:01 PM EDT

Net Revenues of $1.64 Billion for the Fourth Quarter and $5.91 Billion for Fiscal Year 2018

Net revenue for fiscal year 2018 increased 7% year-over-year Product revenue for fiscal year 2018 grew 15% year-over-year All-flash array annualized net revenue run rate of $2.4 billion increased 43% year-over-year Free Cash Flow was 23% of revenue for fiscal year 2018 and increased 64% year-over-year $1.01 billion returned to shareholders in share repurchases and cash dividends in fiscal year 2018

SUNNYVALE, Calif.--(BUSINESS WIRE)-- NetApp (NASDAQ:... More