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Wednesday, August 24, 2016

Nimble Storage Announces Second Quarter 2017 Results

- Strong All-Flash Array Momentum; 17% of total Product Bookings, up from 9% in prior quarter; (23% of total Array Bookings, up from 12% in prior quarter) - Customer Base up 43% year-over-year; over 8,850 Customers Worldwide - Strong Gross Margins; GAAP Gross Margin 64.6% and Non-GAAP Gross Margin 67.0% SAN JOSE, Calif., Aug. 23, 2016 /PRNewswire/ -- #Nimble Storage (NYSE: NMBL), the leader in predictive flash storage solutions, today reported financial results for the fiscal second quarter 2017. The company has released a discussion of these results by posting the current Shareholder Letter on its website at http://investors.nimblestorage.com. "We saw strong momentum in customer and channel partner adoption of our All Flash arrays. Our AFA bookings accounted for 17% of our total product bookings in Q2FY17, up from 9% in Q1FY17," said Suresh Vasudevan, chief executive officer. "During our first full quarter of having All Flash arrays in our portfolio, we added 133 AFA customers, including 79 "new to Nimble" customers, with deal sizes substantially above our overall average."
http://www.prnewswire.com/news-releases/nimble-storage-announces-second-quarter-2017-results-300317247.html

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