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Stock impact report

NetApp Reports Third Quarter Fiscal Year 2018 Results

NetApp, Inc. (NTAP) 
Last netapp, inc. earnings: 2/12 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.netapp.com
Company Research Source: GlobeNewswire
Third Quarter Fiscal 2018 Highlights Product revenue increased 17% year-over-yearAll-flash array annualized net revenue run rate of $2.0 billion increased almost 50% year-over-yearExpanded Cloud Data Services with introduction of NetApp Cloud Volumes for AWSFree cash flow was 25% of revenue and increased 104% year-over-year SUNNYVALE, Calif., Feb. 14, 2018 (GLOBE NEWSWIRE) -- NetApp (NASDAQ:NTAP) today reported financial results for the third quarter fiscal year 2018, ended January 26, 2018. “NetApp again delivered strong results in the third quarter with accelerating revenue and strong cash generation. It is rewarding to see the results of our improved execution as we transform NetApp to deliver sustained and profitable growth,” said George Kurian, chief executive officer. “We saw a solid demand environment and customer momentum, landing wins and footprint expansions with leading organizations in all geographies. With our Data Fabric Strategy and industry-leading solutions, we Show less Read more
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