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NetApp Inc (NTAP.O)

NTAP.O on Nasdaq

35.82USD
30 Sep 2016
Change (% chg)

$1.09 (+3.14%)
Prev Close
$34.73
Open
$35.16
Day's High
$35.94
Day's Low
$34.92
Volume
4,510,028
Avg. Vol
3,264,532
52-wk High
$36.10
52-wk Low
$20.66

Latest Key Developments (Source: Significant Developments)

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 reorganizes finance and operations functions
Wednesday, 6 Jan 2016 04:30pm EST 

NetApp Inc:Announced organizational changes that will flatten and streamline the structure and enable focused execution in driving efficiency and velocity in the business.Effective immediately, Jeffrey Bergmann, vice president of corporate finance, will assume the role of interim chief financial officer.Also announced that Nick Noviello has decided to pursue another opportunity.  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

NetApp to acquire SolidFire for $870 mln
Monday, 21 Dec 2015 04:01pm EST 

NetApp:Entered into a definitive agreement to acquire SolidFire for $870 million in cash.  Full Article

NetApp gives Q3 2016 guidance in line with analysts' estimates
Wednesday, 18 Nov 2015 04:01pm EST 

NetApp:Says Q3 2016 net revenues are expected to be in the range of $1.40 billion to $1.50 billion.Says Q3 2016 GAAP earnings per share is expected to be in the range of $0.47 to $0.52 per share.Says 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 $1.48 billion and EPS of $0.70 - Thomson Reuters I/B/E/S.  Full Article

NetApp recommends shareholders reject offer
Friday, 9 Oct 2015 05:33pm EDT 

NetApp:Says received notice of an unsolicited "mini-tender" offer by TRC Capital Corporation (TRC Capital) to purchase up to 3 million shares of NetApp's common stock at a price of $28.25 per share in cash.Says offering price is 4.56 percent below the closing price per share of NetApp's common stock on September 30.  Full Article

BRIEF-Netapp reports Q1 GAAP earnings per share $0.23

* Q1 earnings per share view $0.36 -- Thomson Reuters I/B/E/S