NetApp announces results for second quarter fiscal year 2012
[Sunnyvale, California, 18 November 2011] -
NetApp (NASDAQ: NTAP) today reported results for the second quarter of fiscal year 2012, which ended on 28 October 2011. Revenues for the second quarter of fiscal year 2012 totalled $1.507 billion compared to revenues of $1.251 billion for the same period one year ago.For the second quarter of fiscal year 2012, GAAP net income was $165.6 million, or $0.44 per share [1], compared to GAAP net income of $175.4 million, or $0.45 per share, for the same period a year ago. Non-GAAP net income for the second quarter of fiscal year 2012 was $235.5 million, or $0.63 per share [2], compared to non-GAAP net income of $212.2 million, or $0.54 per share, for the same period a year ago.Revenues for the first six months of fiscal year 2012 totalled $2.965 billion compared to revenues of $2.405 billion for the first six months of the prior fiscal year, an increase of 23% year-over-year. GAAP net income for the first six months of fiscal year 2012 totalled $305.1 million, or $0.78 per share, compared to GAAP net income of $326.1 million, or $0.85 per share for the first six months of the prior fiscal year. Non-GAAP net income for the first six months of fiscal year 2012 totalled $457.8 million, or $1.17 per share, compared to non-GAAP net income of $403.1 million, or $1.05 per share, for the first six months of the prior fiscal year.
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