NetApp (NTAP) Tops Q2 EPS by 32c; Guides Higher

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NetApp Reports Second Quarter of Fiscal Year 2021 Results

December 1, 2020 4:01 PM EST

Net Revenues of $1.42 Billion; Up 3% Year-over-Year

NetApp public cloud services annualized revenue run rate of $216 million, an increase of 200% year-over-year All-flash array annualized net revenue run rate of $2.5 billion, an increase of 15% year-over-year Billings1 of $1.46 billion, increased 10% year-over-year $107 million returned to shareholders in cash dividend Expanded hybrid cloud customer value proposition with industry-leading innovations

SUNNYVALE, Calif.--(BUSINESS WIRE)-- NetApp (NASDAQ: NTAP) today reported financial results for the second quarter of fiscal year 2021, which ended on October 30,... More