Analyst Commentary

NetApp benefits from the positive revenue streams of strategic investments in 4Q17

In FY3Q18 (CY4Q17) NetApp (Nasdaq: NTAP) achieved $1.5 billion in revenue, representing 8% year-to-year revenue gains. TBR believes traction in key markets, such as the ongoing acceleration of NetApp’s all-flash portfolio and the bolstering of NetApp’s market presence in cloud with its recently launched NetApp Cloud Volumes for Amazon Web Services (AWS) reinforced positive revenue momentum. Recent partnership enhancements, including its converged infrastructure-related partnership enhancement with Fujitsu position NetApp well for long-term gain...

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