Posts tagged “NetApp”
Tech industry earnings: Mixed views about state of economy
While Raleigh-based Red Hat increased its guidance for the current quarter, both Intel and AMD have warned that they are seeing warning signs about PC purchasing trends.
EMC widens lead over IBM in external storage system sales; NetApp also gains
Revenues for EMC soar 40.6 percent, NetApp’s jump 55.3 percent over past year. IBM grows sales by 11 percent but its market share drops.
IDC external disk storage sales
Analyst firm raises share price target for NetApp after financial report
The storage technology firm beats Street estimates by 3 cents as profit surges compared to last year.
In his own words: NetApp CEO wary about a ‘double dip’
“I think that we don't see anything in the horizon that you don't read about in the papers everyday. I think that it clearly concerns about Europe,” Thomas Georgens says. “We have Wall Street Journal this week, talk about the potential of the double dip, and I think all of those are out there. And I'm not going to handicap the likelihood of them, but I think we need to be aware of them.”
NetApp’s surge in profits beats Wall Street expectations
The high-tech storage firm, which operates a major campus in RTP, reports profits and revenues at “record levels.” Shares jump 3.7 percent in afterhours trading.
NetApp stock gets an upgrade but EMC is cut
Data storage companies, which both have major operations in the Triangle area, face increasing competition. Analysts expect NetApp to report big jump in profits Wednesday.
Led by Cree, Triangle techs capitalize on bull stampede
Cree goes from a big loser to a whopping big gainer as Nasdaq, Dow, S&P charge upward. Red Hat, IBM, Cisco and Tekelec also post big gains.
NetApp to acquire storage virtualization software firm
California-based NetApp, which operates a large campus in RTP, says deal for Bycast strengthens its offerings in virtualization space.
With strong quarter, NetApp says goodbye to Great Recession
Earnings analysis: The storage technology firm, which has a major campus in RTP, tops the $1 billion revenue barrier and boosts profit margin. Strong demand in Americas and bigger market for virtualization drive sales upward.
NetApp's RTP data center
NetApp 2Q earnings zoom despite revenue decline
The company posted an adjusted earnings-per-share of 27 cents and said it expected more good news for stockholders in the third quarter.
Netapp and Fujitsu going after more business together
They say they will increase integration to help customers get more for their investments.
Storage software market shows signs of life; NetApp has strong quarter
Latest data from analysis firm IDC shows sector grew in second quarter, but sales were well under 2008 totals. Only NetApp grows revenues compared to a year ago. IBM, EMC lose market share.
NetApp replaces longtime CEO; shares tumble 4%
In a surprise announcement, Dan Warmenhoven is replaced by company president Tom Georgens. Warmenhoven will stay on as chairman of board.
