Reuters: Technology News: NetApp first-quarter profit helped by launch of Ontap

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NetApp first-quarter profit helped by launch of Ontap Aug 14th 2013, 20:16 Wed Aug 14, 2013 4:16pm EDT (Reuters) - Data storage equipment maker NetApp Inc (NTAP.O) reported a 28 percent rise in quarterly profit helped by the release of its Ontap 8.2 storage operating system Net income rose to $81.6 million, or 23 cents per share in the first quarter, from $63.8 million, or 17 cents per share, a year earlier. Revenue rose 5.5 percent to $1.52 billion, from $1.44 billion a year earlier. (Reporting by Sruthi Ramakrishnan and Lehar Maan in Bangalore; Editing by Joyjeet Das)

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