NetApp Reports Second Quarter Fiscal Year 2016 Results
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NetApp (NTAP) Cash Flow Decline Highlights Challenges - BMO
November 19, 2015 8:09 AM ESTKeith Bachman, BMO Hardware and Services analyst, cut his FCF estimates for NetApp (NASDAQ: NTAP) . Although revenue and earnings looked good for the current quarter, FCF of $99 million in the October quarter compares with $330 million generated in year-earlier period and the outlook for... More
Stifel Lowers Estimates on NetApp (NTAP) Post Q2
November 19, 2015 7:23 AM ESTStifel analyst, Aaron Rakers, published an earnings review of NetApp (NASDAQ: NTAP) quarter. Results were mixed and the analyst notes that people will be looking for the 10Q filing which provides more detail on the deferred revenue breakdown.
NetApp reported F2Q16 EPS of $0.61/sh. vs. street conseneus of $0.57 and guidance of $0.55-$0.60. Revenue of $1.445B was in line with guidance of $1.4-$1.5B. Maintenance / Support revenue at $326M reflects a sharp y/y growth deceleration; but... More
Needham & Company Reiterates Hold on NetApp (NTAP) Following 2Q EPS Beat
November 19, 2015 7:05 AM ESTNeedham & Company reiterated a Hold rating on NetApp (NASDAQ: NTAP) following the company's 2Q16 earnings report. NTAP reported revenue of $1.45B, roughly in line with consensus ($1.43B), and EPS of $0.61 above the Streets $0.57. Guidance was revenue of $1.40-1.50B and EPS of... More
NetApp (NTAP) Declares $0.18 Quarterly Dividend; 2.3% Yield
November 18, 2015 4:02 PM ESTNetApp (NASDAQ: NTAP) declared a quarterly dividend of $0.18 per share, or $0.72 annualized.
The dividend will be payable on January 20, 2016, to stockholders of record on January 8, 2016, with an ex-dividend date of January 6, 2016.
The annual yield on the dividend is 2.3 percent.
For a... More
NetApp (NTAP) Tops Q2 EPS by 4c; Issues Q3 Outlook
November 18, 2015 4:02 PM ESTNetApp (NASDAQ: NTAP) reported Q2 EPS of $0.61, $0.04 better than the analyst estimate of $0.57. Revenue for the quarter came in at $1.45 billion versus the consensus estimate of $1.43 billion.
NetApp sees Q3 2016 EPS of $0.66-$0.71, versus the consensus of $0.70. NetApp sees Q3 2016 revenue of $1.40-1.50... More
