NetApp CEO Tom Georgens: India Q2 FY 2014 revenue bounced back after slowing down

NetApp CEO Tom Georgens on Wednesday said Indian revenue in the second quarter of fiscal year 2014 had a bit of a comeback after being relatively slow.

The company does not share country specific revenue details.

Georgens, during an analyst call, said Japan, after three strong years, was off. “Australia has been off and I think Australia is a bit more macro-centric.

U.S. spying issue impacted revenue from Japan as well. Earlier, Cisco CEO John Chambers said its revenue from China declined due to U.S. spying scandal.

NetApp CEO Tom Georgens

NetApp reported 40 percent increase in revenue from China.

Its Americas Commercial and EMEA revenues rose 3 percent and 2 percent, respectively, versus Q2 last year. U.S. Public Sector revenue was down 8 percent. Asia-Pacific revenue was flat on a year-over-year basis and down 2 percent sequentially, continued evidence of macroeconomic pressure in that geography as well.

Total revenues for the second quarter of fiscal year 2014 were $1.55 billion, an increase of 1% from the comparable period of the prior year.

NetApp net income in Q2 fiscal year 2014 was $167 million against net income of $110 million in the same period prior year.

In Q2, NetApp shipped more than 1,900 clustered Data ONTAP nodes, an increase of almost 300 percent from Q2 a year ago and almost 60 percent from last quarter. 37 percent of high-end systems and 24 percent of mid-range systems were deployed in cluster configurations.

NetApp said more than half of the controllers migrated from 7-mode to clustered ONTAP have occurred since ONTAP 8.2’s introduction. Additionally, new customer acquisitions driven by clustered ONTAP accelerated in Q2.

Since the inception of its flash program, NetApp has shipped over 60 petabytes of flash, almost 1/3 of which is in the form of all-flash arrays. The attach rate of its Flash Cache and Flash Pool solutions remains consistently high at approximately 60 percent from mid-range and high-end systems. In Q2, it shipped 6 petabytes of flash as a cache, accelerating just over 0.5 exabyte of storage.

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