01 0% 01

NetApp Share: Convincing Figures

1 Stern2 Sterne3 Sterne4 Sterne5 Sterne

NetApp continued its growth course in the 1st half-year and presented convincing figures. Product sales again showed double-digit growth with an increase of 15.7% to $1.8 billion. Although NetApp’s software and services business was only slightly above the previous year’s level, NetApp increased total revenue by 9.3% to $2.99 billion. While sales costs remained stable, more money was spent on research and development. Restructuring costs amounted to $19 million. However, earnings before interest and taxes (EBIT) increased by 51.7% to $540 million.

Due to the significantly lower tax rate and higher special revenues, earnings per share climbed 78.2% to $1.96. Management is letting shareholders participate in the positive development and doubled the dividend to $0.80 per share. The outlook for the 3rd quarter also promises further growth. One reason for this is the Basic Data Protection Ordinance (DSVG).

Due to the increasing demand for cloud solutions, the complexity of data regulation is also increasing. At NetApp Insight Barcelona 2018, NetApp unveiled new data services that are compatible with leading cloud applications and specialize in the data protection theme. In addition, the Microsoft Azure NetApp application as well as the backup services for the Google and Salesforce Cloud have been redesigned.

A contribution by Volker Gelfarth.


The contributions offered on finanztrends.info are for information purposes only. The contributions offered here do not constitute a recommendation to buy or sell at any time. They are not to be understood as an assurance of price developments for the aforementioned financial instruments or as an invitation to take action. The acquisition of securities is risky and entails risks that can result in the total loss of the capital invested. The information published on finanztrends.info is no substitute for professional investment advice tailored to individual needs. No liability or guarantee is assumed for the topicality, correctness, appropriateness and completeness of the information provided or for financial losses. Finanztrends.info has no influence on the published contents and before publication of all contributions no knowledge about contents and subject matter of these. The publication of the contributions identified by name is the sole responsibility of guest commentators, news agencies or similar. As a result, the contents of the contributions cannot be regarded as investment interests of finanztrendsw.info and/or its employees or bodies. The guest commentators, news agencies etc. do not belong to the editorial staff of finanztrends.info. Their opinions do not reflect the opinions and opinions of finanztrends.info and its employees. (Detailed disclaimer)