Edition:
India

NetApp Inc (NTAP.OQ)

NTAP.OQ on NASDAQ Stock Exchange Global Select Market

62.27USD
2:29am IST
Change (% chg)

$-0.50 (-0.80%)
Prev Close
$62.77
Open
$62.92
Day's High
$63.43
Day's Low
$61.71
Volume
1,067,609
Avg. Vol
942,259
52-wk High
$63.43
52-wk Low
$35.42

Latest Key Developments (Source: Significant Developments)

Netapp Q2 GAAP earnings per share $0.64
Thursday, 16 Nov 2017 

Nov 15 (Reuters) - Netapp Inc :Netapp reports second quarter fiscal year 2018 results.Sees Q3 2018 earnings per share $1.18 to $1.26.Q2 gaap earnings per share $0.64.Q2 revenue $1.42 billion versus i/b/e/s view $1.38 billion.Q2 earnings per share view $0.69 -- Thomson Reuters I/B/E/S.Netapp inc - q3 ‍net revenues are expected to be in range of $1.425 billion to $1.575 billion​.Q2 non-GAAP earnings per share $0.81.Q3 earnings per share view $0.85, revenue view $1.44 billion -- Thomson Reuters I/B/E/S.Netapp inc - q3 ‍non-gaap earnings per share is expected to be in range of $0.86-$0.94​.Netapp Inc - q3 ‍gaap eps outlook includes expected $0.50/share benefit, after tax, from gains on sale of certain properties​.  Full Article

Netapp Q4 adjusted earnings per share $0.86
Thursday, 25 May 2017 

May 24 (Reuters) - Netapp Inc :Netapp reports fourth quarter and fiscal year 2017 results.Q4 non-gaap earnings per share $0.86.Q4 gaap earnings per share $0.68.Q4 earnings per share view $0.82 -- Thomson Reuters I/B/E/S.Sees q1 2018 revenue $1.24 billion to $1.39 billion.Q4 revenue $1.48 billion versus i/b/e/s view $1.44 billion.Netapp inc - q1 fiscal year 2018 dividend to increase by 5% to $0.20 per share..Netapp inc says q1 gaap earnings per share is expected to be in range of $0.30 to $0.38.Sees q1 non-gaap earnings per share in range of $0.49-$0.57.Netapp inc says q1 non-gaap earnings per share is expected to be in range of $0.49 to $0.57.Q1 earnings per share view $0.67, revenue view $1.33 billion -- Thomson Reuters I/B/E/S.Netapp inc - fy 2018 gaap operating margin is expected to be in range of 14% to 16%.Netapp inc - fy 2018 operating margin is expected to be in range of 18% - 20%.Fy2018 earnings per share view $3.07, revenue view $5.60 billion -- Thomson Reuters I/B/E/S.  Full Article

Netapp Q3 non-gaap earnings per share $0.82
Thursday, 16 Feb 2017 

Netapp Inc : Netapp reports third quarter fiscal year 2017 results . Q3 non-gaap earnings per share $0.82 . Q3 gaap earnings per share $0.52 . Q3 revenue $1.4 billion versus I/B/E/S view $1.39 billion . Q3 earnings per share view $0.74 -- Thomson Reuters I/B/E/S . Sees Q4 2017 non-gaap earnings per share $0.79 to $0.84 . Sees Q4 2017 gaap earnings per share $0.60 to $0.65 . Sees Q4 2017 revenue $1.365 billion to $1.515 billion .Q4 earnings per share view $0.77, revenue view $1.40 billion -- Thomson Reuters I/B/E/S.  Full Article

Vanguard Chester Funds reports a 5.12 pct passive stake in Netapp
Monday, 13 Feb 2017 

Netapp Inc :Vanguard chester funds reports a 5.12 percent passive stake in netapp as of dec 31, 2016 - sec filing.  Full Article

Netapp reports Q1 GAAP earnings per share $0.23
Thursday, 18 Aug 2016 

Netapp Inc : Netapp reports first quarter fiscal year 2017 results . Q1 GAAP earnings per share $0.23 . Sees Q2 2017 non-GAAP earnings per share $0.51 to $0.56 . Sees Q2 2017 revenue $1.265 billion to $1.415 billion . Q1 non-GAAP earnings per share $0.46 . Q1 earnings per share view $0.36 -- Thomson Reuters I/B/E/S . Sees Q2 2017 GAAP earnings per share $0.31 to $0.36 . Q1 revenue $1.29 billion versus I/B/E/S view $1.26 billion . Q1 earnings per share view $0.36, revenue view $1.26 billion -- Thomson Reuters I/B/E/S .Q2 earnings per share view $0.54, revenue view $1.33 billion -- Thomson Reuters I/B/E/S.  Full Article

NetApp posts Q4 non-gaap EPS of $0.55
Thursday, 26 May 2016 

Netapp Inc : Q1 earnings per share view $0.45, revenue view $1.26 billion -- Thomson Reuters I/B/E/S . Company will increase Q1 fiscal year 2017 dividend by 6 pct to $0.19 per share . NetApp reports fourth quarter and fiscal year 2016 results . Q4 non-gaap earnings per share $0.55 . Q4 gaap loss per share $0.03 . Q4 revenue $1.38 billion versus I/B/E/S view $1.4 billion . Q4 earnings per share view $0.58 -- Thomson Reuters I/B/E/S . Sees Q1 2017 non-gaap earnings per share $0.34 to $0.39 . Sees Q1 2017 gaap earnings per share $0.13 to $0.18 .Sees Q1 2017 revenue $1.2 billion to $1.35 billion.  Full Article

NetApp Inc India lays off over 150 in Bengaluru - TIMIND
Thursday, 3 Mar 2016 

NetApp Inc:Laid off some 150 to 200 employees in its Bengaluru facility on Wednesday. The company has about 2, 000 employees in India - TIMIND.Two weeks ago, the company had announced that as part of a global restructuring, it would be cutting 12% of its workforce, which equates to roughly 1, 500 workers.Disruptions such as cloud and mobile have adversely impacted a number of traditional enterprise technology players, and the storage vendors have been no exception.The difficulties persuadedmain rival EMC last year to sell itself off to Dell; EMC also announced a layoff in January.Some of NetApp's affected employees in Bengaluru said they had been warned two months ago to look out for other jobs.Some said they are getting a severance package of about two months' full pay and 8-10 months' basic pay.  Full Article

NetApp Inc revenue misses estimates; to cut jobs - Reuters
Thursday, 18 Feb 2016 

NetApp Inc:NetApp Inc, a data storage equipment maker, reported lower-than-expected quarterly revenue, hurt by weak demand for its storage products, and said it would cut about 12 percent of its workforce - RTRS.  Full Article

NetApp Inc completes acquisition of SolidFire
Wednesday, 3 Feb 2016 

NetApp Inc:Completed the acquisition of SolidFire.  Full Article