NetApp announces Q3 FY12 Earnings
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE NetApp has reported results for the third quarter of fiscal year 2012, which ended January 27, 2012. Revenues for the third quarter of fiscal year 2012 totaled $1.566 billion compared to revenues of $1.290 billion for the same period one year ago. For the third quarter of fiscal year 2012, GAAP net income was $120 million, or $0.32 per share1, compared to GAAP net income of $186 million, or $0.46 per share, for the same period a year ago. Non-GAAP net income for the third quarter of fiscal year 2012 was $216 million, or $0.58 per share2, compared to non-GAAP net income of $226 million, or $0.56 per share, for the same period a year ago. Revenues for the first nine months of fiscal year 2012 totaled $4.531 billion compared to revenues of $3.694 billion for the first nine months of the prior fiscal year, an increase of 23% year over year. GAAP net income for the first nine months of fiscal year 2012 totaled $425 million, or $1.10 per share, co...