NetApp (NTAP) Tops Q3 EPS by 9c

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NetApp Reports Third Quarter of Fiscal Year 2021 Results

February 24, 2021 4:01 PM EST

Net revenues of $1.47 billion; up 5% year-over-year;
Operating margin and EPS above expectations

Billings1 of $1.60 billion, increased 6% year-over-year NetApp public cloud services annualized revenue run rate2 of $237 million, an increase of 186% year-over-year All-flash array annualized net revenue run rate3 of $2.6 billion, an increase of 11% year-over-year $157 million returned to shareholders in share repurchases and cash dividends

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