Nimble Storage Posts Revenue of $90 Million, up 32%

Nimble Storage reported revenue of $90.1 million for its fourth quarter of fiscal 2016, up from $68.3 million in the fourth quarter of fiscal 2015. Excluding fluctuations in foreign currency over the past year, revenue would have been $92.6 million representing a 36% increase over the fourth quarter of fiscal 2015. GAAP net loss for the fourth quarter of fiscal 2016 was $32.4 million, or $0.40 per basic and diluted share, compared with a net loss of $24.7 million, or $0.33 per basic and diluted share in the fourth quarter of fiscal 2015.

Total revenue for fiscal 2016 was $322.2 million, compared to $227.7 million in fiscal 2015, representing growth of 42% year-over-year.

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