Key Developments: NetApp Inc (NTAP.OQ)

NTAP.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

NetApp Inc gives Q3 2015 revenue outlook; EPS outlook below analysts' estimates
Wednesday, 12 Nov 2014 04:01pm EST 

NetApp Inc:Expects Q3 2015 net revenues to be in the range of $1.56 - $1.66 bln.Expects Q3 2015 GAAP earnings per share to be in the range of $0.52 to $0.57 per share.Expects Q3 2015 Non-GAAP earnings per share to be in the range of $0.74 to $0.79 per share.Q3 2015 revenue of $1.62 bln, EPS of $0.80 - Thomson Reuters I/B/E/S.  Full Article

NetApp Inc. announces dividend
Wednesday, 12 Nov 2014 04:01pm EST 

NetApp Inc:Says dividend in the amount of $0.165 per share will be paid on Jan. 22, 2015.To shareholders of record as of the close of business on Jan. 9, 2015.  Full Article

NetApp announces acquisition of Riverbed Technology's SteelStore Product Line
Monday, 27 Oct 2014 04:00pm EDT 

NetApp Inc:Acquire Riverbed Technology's SteelStore product line in an all-cash transaction for about $80 mln.  Full Article

NetApp Inc gives Q2 2015 outlook in line with analysts' estimates
Wednesday, 13 Aug 2014 04:01pm EDT 

NetApp Inc:Expects Q2 2015 net revenues to be in the range of $1.49 -$1.59 bln.Expects Q2 2015 GAAP earnings per share to be in the range of $0.45 to $0.50 per share.Expects Q2 2015 non-GAAP earnings per share to be in the range of $0.66 to $0.71 per share.Q2 2015 revenue of $1.53 bln, EPS of $0.69 - Thomson Reuters I/B/E/S.  Full Article

NetApp Inc 's board declares dividend
Tuesday, 12 Aug 2014 08:00pm EDT 

NetApp Inc:Declares $0.165 as dividend.Record date Oct. 10.Ex-dividend date Aug. 10.Payment date Oct. 22.  Full Article

Equinix Deepens Hybrid Cloud partnership with NetApp
Tuesday, 15 Jul 2014 08:30am EDT 

Equinix Inc and NetApp:Says that they are expanding their cloud partnership.Two companies provide an expanded offering of private storage solutions for the public cloud including NetApp Private Storage for Microsoft Azure, through the Equinix Cloud Exchange, which makes connecting to the cloud simple and convenient.  Full Article

NetApp Inc secures storage solutions deal from ING Vysya-Business Standard
Tuesday, 10 Jun 2014 05:16am EDT 

NetApp Inc:Entered into a deal with ING Vysya Bank for building an effective ecosystem through FAS storage system across all its branches in India-Business Standard.  Full Article

NetApp Inc prices $500,000,000 of senior notes
Monday, 2 Jun 2014 08:15pm EDT 

NetApp Inc:Prices $500,000,000 in aggregate principal amount of its 3.375 pct. senior notes due 2021.Expects offering to close, subject to customary closing conditions, on June 5.Notes were priced to yield 3.426 pct.Intends to use net proceeds from this offering for general corporate purposes, which may include capital expenditures, possible stock repurchases and dividends, working capital and potential acquisitions and strategic transactions.Goldman, Sachs & Co., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are acting as joint book-running managers.Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC are acting as co-managers.  Full Article

NetApp Inc announces offering of senior notes
Monday, 2 Jun 2014 09:15am EDT 

NetApp Inc:Intends to offer, subject to market and other conditions, senior unsecured notes under an effective shelf registration statement on file with the Securities and Exchange Commission.Offering and the final terms of the senior notes, including principal amount, interest rate and maturity will depend on market and other conditions at the time of pricing.Intends to use the net proceeds from this offering for general corporate purposes.  Full Article

NetApp Inc gives Q1 2015 guidance; EPS guidance below analysts' estimates
Wednesday, 21 May 2014 04:01pm EDT 

NetApp Inc:Says Q1 2015 net revenues are expected to be in the range of $1.420 billion to $1.520 billion.Says Q1 2015 GAAP earnings per share is expected to be in the range of $0.32 to $0.37 per share.Says Q1 2015 non-GAAP earnings per share is expected to be in the range of $0.53 to $0.58 per share.Q1 2015 revenue of $1.519 billion and EPS of $0.62 - Thomson Reuters I/B/E/S.  Full Article

NetApp profit falls on lower sales to OEMs

- Data storage equipment maker NetApp Inc reported a 4 percent fall in quarterly profit, hurt by lower sales to original equipment manufacturers, and forecast a third-quarter profit below market estimate.

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