Network Appliance Announces Results for First Quarter Fiscal Year 2007
Network Appliance has reported results for the first quarter of fiscal year 2007. Revenues for the first fiscal quarter were USD 621.3 million, an increase of 39% compared to revenues of USD 448.4 million for the same period a year ago and an increase of 4% compared to USD 598.0 million in the prior quarter.
"NetApp delivered another strong quarter, driven by strong growth in every region of the world," said Dan Warmenhoven, CEO of Network Appliance. "Our new products and new relationships are gaining momentum, and our business with enterprise customers reached record levels. Our results demonstrate that the NetApp value proposition resonates with customers andcontinuesto drive our competitive success."
Network Appliance estimates that growth in revenue for the second quarter of fiscal year 2007 will be in the range of 2½% to 4%, which translates to 32% to 34% growth year over year.
print
save
email
comment
Copyright @ 2004 Software & Support Media
Powered By Media Teknologi Informasi Corp.
Privacy PolicyTerms of Use
