NetApp (NTAP) PT Raised to $91 at Maxim Group

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NetApp Reports First Quarter Fiscal Year 2019 Results

August 15, 2018 4:01 PM EDT

Net Revenues of $1.47 Billion Grew 12% Year-over-Year

Product revenue grew 20% year-over-year All-flash array annualized net revenue run rate of $2.2 billion increased 50% year-over-year Free cash flow was 18% of revenue and increased 22% year-over-year $605 million returned to shareholders in share repurchases and cash dividends

SUNNYVALE, Calif.--(BUSINESS WIRE)-- NetApp (NASDAQ: NTAP) today reported financial results for the first quarter of fiscal year 2019, which ended July 27, 2018.

We delivered a very strong first quarter with revenue,... More