NetApp beats Q2 expectations as all flash business builds more momentum

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NetApp beats Q2 expectations as all-flash business builds more momentum.
NetApp posted its second quarter fiscal 2018 results on Wednesday, beating market expectations and raising its outlook as its all-flash array business continued to build momentum.

The company reported non-GAAP net income of $223 million, or 81 cents per share, on revenue of $1.42 billion, a year-over-year increase of 6 percent.

Wall Street was looking for earnings of 69 cents per share on revenue of $1.38 billion.



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NetApp beats
Q2 expectations as all-flash business builds more momentum
NetApp beats Q2 expectations as all-flash business builds more momentum