NetApp has reported a notable rise in net revenues, reaching $1.61 billion in the last fiscal year, up from $1.47 billion the previous year, supported by a consistent EPS growth of 19% annually over five years. The company is advancing its strategic goals through significant acquisitions, including the planned purchase of Instaclustr and the completed acquisition of Fylamynt, enhancing its cloud and data management capabilities. While preparing to distribute a $0.50 per share dividend, NetApp has indicated that future dividend payments may be subject to change, reflecting its careful management of cash flow and financial measures.
“NetApp (NTAP) · net revenues totaled · $1.61 billion · up from $1.47 billion the previous year”
“NetApp · is · a cloud-led, data centric software company · true”
“NetApp · will participate in · the William Blair Growth Stock Conference · on June 7, 2022”
“NetApp, Inc. · will pay a dividend · US$0.50 per share · on the 27th of July”
“NetApp · has seen EPS rising · for the last five years · at 19% per annum”
“NetApp · is generating · plenty of cash”
“NetApp · may affect · the dividend payment · in the next 12 months”
“NetApp · acquired · Fylamynt · CloudOps automation technology company”
“NetApp · announced the intent to acquire · Instaclustr · industry-leading platform for deploying open-source applications”
“NetApp · was named · winner of the Business Intelligence Group’s Excellence in Customer Service Award”
“NetApp · was included · in CRN’s Storage 100 list · representing industry leaders”
“NetApp · announced the intent to acquire · Instaclustr · industry-leading platform for deploying and managing open-source data and workflow applications”