NetApp Announces Selected Preliminary First Quarter of Fiscal Year 2020 Results
NetApp, Inc. (NTAP)
Last netapp, inc. earnings: 2/12 04:01 pm
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Source: Business Wire
SUNNYVALE, Calif.--(BUSINESS WIRE)--NetApp (NASDAQ: NTAP), today reported selected preliminary results for its first quarter of fiscal year 2020 ended July 26, 2019 and revised previously-issued guidance for full fiscal year 2020. The company expects to provide final first quarter of fiscal 2020 results and guidance for the second quarter of fiscal year 2020 on August 14, 2019.Selected Preliminary First Quarter of Fiscal Year 2020 ResultsPreliminarily, first quarter of fiscal year 2020 net revenues are expected to be between $1.220 and $1.230 billion, which is a decline of approximately 17% from the first quarter of fiscal year 2019. As a reminder, net revenues in the first quarter of fiscal year 2019 included $90 million from enterprise software license agreements (ELAs) which did not repeat in the first quarter of fiscal year 2020. Adjusting for ELAs, preliminary first quarter of fiscal year 2020 net revenues would have been down approximately 12% year-over-year. GAAP net income
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- 11/21/24 - Form 8-K
- 11/20/24 - Form 4
- 11/19/24 - Form 4
- NTAP's page on the SEC website