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Tuesday, March 7, 2017

Nimble Storage (NMBL) to be acquired by Hewlett Packard Enterprise (HPE) for $12.50/share



  • Reports Q4 (Jan) loss of $0.12 per share, $0.02 better than the Capital IQ Consensus of ($0.14); revenues rose 29.9% year/year to $117.03 mln vs the $113.51 mln Capital IQ Consensus.
  • In light of the recently announced pending acquisition by Hewlett Packard Enterprise (HPE), Nimble Storage will not hold a conference call to discuss these financial results and will not provide Q1FY18 guidance.

** charts NMBL after **

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