Hello, Guest!
  • Saturday, April 20, 2024

NetApp Rolls Out Financial Report

NetApp (NASDAQ: NTAP) announced results for the third quarter of fiscal year 2011, ending Jan. 28, 2011.

According to the firm, “revenues for the third quarter of fiscal year 2011 totaled $1.268 billion compared to revenues of $1.012 billion for the same period a year ago, an increase of 25 percent year over year.  For the third quarter of fiscal year 2011, GAAP net income was $172 million, or $0.42 per share, compared to GAAP net income of $108 million, or $0.30 per share, for the same period a year ago.”

“NetApp demonstrated momentum in the market again this quarter, with product revenue growth of 32 percent year over year, strong gross margins, and continued market share gains, ” CEO Tom Georgens said. “As customers move toward the next-generation IT infrastructure, NetApp’s innovation leadership is enabling compelling business outcomes for our customers and propelling our rapid growth.”

Video of the Day

Related Articles

Black Box Reports Record Numbers Financial Report

Black Box Reports Record Numbers

Black Box (NASDAQ: BBOX) noted “record” revenues of $1.1 billion in fiscal 2011, an 11 percent boost, with 9 percent organic revenue growth. “I am proud to announce our record revenue for Fiscal 2011, ” CEO Terry Blakemore said. “Our results for the year demonstrate the power of our diversified solution offering and client base.

GeoEye Names Andy Dougherty to Leadership Role Executive Moves

GeoEye Names Andy Dougherty to Leadership Role

GeoEye (NASDAQ: GEOY) named Andy Dougherty vice president of Federal Information Services, Business Development. “We are adding federal sales leadership to drive broader adoption of our online access and analytics solutions across the Department of Defense, Intelligence, Homeland Security, and federal civil communities, ” Sales lead Chris Tully. “Andy brings a wealth of expertise to

Iridium Off to ‘Strong Start’ in 2011, CEO Matt Desch Reports Financial Report

Iridium Off to ‘Strong Start’ in 2011, CEO Matt Desch Reports

Iridium (NASDAQ:IRDM) announced that it booked net income of $8.3 million for the first quarter of 2011 and updated its outlook for the full-year 2011. “We’re off to a strong start in 2011, as we continue to benefit from a high-quality and diversifying revenue profile that is moving beyond voice to fast-growing data services, ”