NetApp announces results for first quarter fiscal year 2012

Company Reports Q1 FY’12 Revenues of $1.458 Billion; Up 26% Year Over Year
 

NetApp today reported results for the first quarter of fiscal year 2012, which ended July 29, 2011. Revenues for the first quarter of fiscal year 2012 totaled $1.458 billion compared to revenues of $1.154 billion for the same period one year ago. 

For the first quarter of fiscal year 2012, GAAP net income was $139.5 million, or $0.34 per share1, compared to GAAP net income of $150.7 million, or $0.40 per share, for the same period a year ago. Non-GAAP net income for the first quarter of fiscal year 2012 was $222.3 million, or $0.55 per share2, compared to non-GAAP net income of $190.9 million, or $0.51 per share, for the same period a year ago.