Nimble Storage revenue up 37%

Nimble Storage (NYSE: NMBL) said its fiscal third quarter 2016 total revenue increased 37 percent to USD80.7 million, up from USD59.1 million in the third quarter of fiscal 2015.

Excluding fluctuations in foreign currency, revenue would have been USD83.5 million representing a 41 percent increase over the third quarter of fiscal 2015.

Non-GAAP gross margin for the third quarter of fiscal 2016 was 66.9 percent compared to 67.1 percent in the third quarter of fiscal 2015.

Non-GAAP operating loss was USD10.8 million or negative 13 percent of revenue for the third quarter of fiscal 2016, compared to a loss of USD9.7 million or negative 16 percent of revenue in the third quarter of fiscal 2015.

Nimble´s flash storage solutions enable the consolidation of all workloads and eliminate storage silos by providing enterprises with significant improvements in application performance and storage capacity.