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NetApp Inc (NTAP.O)

NTAP.O on Nasdaq

41.70USD
20 Sep 2017
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Latest Key Developments (Source: Significant Developments)

NetApp Inc - sees Q2 GAAP EPS in range of ‍$0.47 - $0.55​
Wednesday, 16 Aug 2017 04:01pm EDT 

Aug 16 (Reuters) - NetApp Inc :NetApp reports first quarter fiscal year 2018 results.Q1 non-GAAP earnings per share $0.62.Q1 GAAP earnings per share $0.49.Q1 earnings per share view $0.55 -- Thomson Reuters I/B/E/S.Sees Q2 2018 revenue $1.31 billion to $1.46 billion.Q1 revenue $1.33 billion versus I/B/E/S view $1.32 billion.NetApp inc - sees Q2 GAAP EPS in range of ‍$0.47 - $0.55​.NetApp Inc sees ‍Q2 non-GAAP earnings per share to be in range of $0.64 - $0.72​.Q2 earnings per share view $0.70, revenue view $1.37 billion -- Thomson Reuters I/B/E/S.  Full Article

Netapp says CEO's FY2017 total compensation was $9 mln
Tuesday, 1 Aug 2017 04:34pm EDT 

Aug 1 (Reuters) - Netapp Inc :Says CEO George Kurian's fiscal year 2017 total compensation was $9.0 million versus $9.5 million in fiscal year 2016.  Full Article

NetApp enters into amendment no. 1 to credit agreement
Monday, 17 Jul 2017 08:58am EDT 

July 17 (Reuters) - NetApp Inc ::NetApp Inc - ‍on July 17 entered into an amendment no. 1 to credit agreement - SEC filing​.NetApp -Amendment amends terms of co's credit agreement to increase commitments for existing revolving unsecured credit facility from $600 million to $1 billion​.  Full Article

NetApp expects to reduce worldwide headcount by about 6 percent - SEC filing
Thursday, 3 Nov 2016 04:05pm EDT 

NetApp Inc : NetApp - expects to reduce worldwide headcount by about 6 pct; reduction in workforce will be implemented through end of Q4 fiscal 2017 - SEC filing .NetApp - expects to incur aggregate charges of about $50 to $60 million for restructuring; will recognize majority of charges in Q3 of fiscal 2017.  Full Article

Netapp reports Q1 GAAP earnings per share $0.23
Wednesday, 17 Aug 2016 04:01pm EDT 

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
Wednesday, 25 May 2016 04:05pm EDT 

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 06:02am EST 

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
Wednesday, 17 Feb 2016 05:07pm EST 

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
Tuesday, 2 Feb 2016 04:05pm EST 

NetApp Inc:Completed the acquisition of SolidFire.  Full Article

NetApp reaffirms Q3 2016 guidance
Wednesday, 6 Jan 2016 04:30pm EST 

NetApp:Reaffirmed the financial guidance for Q3 2016.Sees Q3 2016 Net revenues are expected to be in the range of $1.40 billion to $1.50 billion.Sees Q3 2016 GAAP earnings per share is expected to be in the range of $0.47 to $0.52 per share.Sees Q3 2016 Non-GAAP earnings per share is expected to be in the range of $0.66 to $0.71 per share.Q3 2016 revenue of $1.455 billion and EPS of $0.68 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Netapp says CEO's FY2017 total compensation was $9 mln

* Says CEO George Kurian's fiscal year 2017 total compensation was $9.0 million versus $9.5 million in fiscal year 2016 Source text for Eikon: Further company coverage: