#Nimble Storage, Inc . NMBL reported first-quarter fiscal 2017 loss of 51 cents a share that was narrower than the Zacks Consensus Estimate of loss of 53 cents.
Revenues of $86.4 million surpassed the Zacks Consensus Estimate of $84.8 million and also improved nearly 21.2% year over year. Given the strong quarterly results, shares were up 11.7% in the aftermarket. The company's guidance for the second quarter of fiscal 2017 also came above expectations.
The company's revenues from products increased 13.6% to $68.4 million in the quarter, while the same from support and services business improved a robust 62.5% to $18 million.
http://m.nasdaq.com/article/nimble-storage-nmbl-q1-loss-narrows-revenues-up-yy-cm626112
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