January 30, 2015 1:55 AM ET

Technology Hardware, Storage and Peripherals

Company Overview of Nimble Storage, Inc.

Company Overview

Nimble Storage, Inc. provides flash-optimized hybrid storage platform. The company’s software and storage systems handle various mainstream applications, including virtual desktops, databases, email, collaboration, and analytics. It offers systems that provide adaptive performance for high-input/output and high-capacity mainstream business applications and environments, such as Exchange, Oracle, SharePoint, SQL Server, virtual desktop infrastructure, and server virtualization. The company sells its products through a network of value added resellers and distributors to a range of industries comprising cloud-based service providers, education, financial services, healthcare, manufacturing, st...

211 River Oaks Parkway

San Jose, CA 95134

United States

Founded in 2007

800 Employees

Phone:

408-432-9600

Key Executives for Nimble Storage, Inc.

Chairman and Chief Executive Officer
Age: 43
Total Annual Compensation: $331.3K
Founder
Age: 52
Total Annual Compensation: $238.8K
Chief Financial Officer
Age: 44
Total Annual Compensation: $240.0K
Vice President of Sales
Age: 47
Total Annual Compensation: $190.0K
Compensation as of Fiscal Year 2014.

Nimble Storage, Inc. Key Developments

Nimble Storage, Inc. Announces Resignation of Eric Mann as Vice President of Worldwide Sales

Nimble Storage, Inc. announced that on January 8, 2015, Eric Mann, the vice president of worldwide sales for the company resigned from the company for personal reasons, effective January 9, 2015.

Nimble Storage, Inc. Presents at 17th Annual Needham Growth Conference, Jan-14-2015 12:45 PM

Nimble Storage, Inc. Presents at 17th Annual Needham Growth Conference, Jan-14-2015 12:45 PM. Venue: New York Palace Hotel, 455 Madison Avenue, New York, New York, United States.

Nimble Storage, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended October 31, 2014; Provides Earnings Guidance for the Fourth Quarter of 2015

Nimble Storage, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended October 31, 2014. For the quarter, the company reported total revenue of $59.096 million compared to $33.411 million a year ago. Loss from operations was $27.128 million against $10.371 million a year ago. Loss before provision for income taxes was $28.170 million against $10.060 million a year ago. Net loss attributable to common stockholders was $28.389 million against $10.146 million a year ago. Net loss per share attributable to common stockholders, basic and diluted was $0.39 against $0.48 a year ago. Net cash used in operating activities was $6.522 million against $0.271 million a year ago. Purchase of property and equipment was $4.933 million against $4.726 million a year ago. Non-GAAP net loss was $10.983 million against $7.871 million a year ago. Non-GAAP net loss per share was $0.15 against $0.13 a year ago. Adjusted EBITDA was $10.983 million against $6.860 million a year ago. For the nine months, the company reported total revenues of $159.404 million compared to $84.013 million a year ago. Loss from operations was $72.684 million against $29.756 million a year ago. Loss before provision for income taxes was $73.564 million against $29.718 million a year ago. Net loss attributable to common stockholders was $74.101 million against $30.001 million a year ago. Net loss per share attributable to common stockholders, basic and diluted was $1.04 against $1.46 a year ago. Net cash used in operating activities was $3.233 million $8.927 million a year ago. Purchase of property and equipment was $12.840 million against $8.152 million a year ago. Non-GAAP net loss was $31.969 million against $24.923 million a year ago. Non-GAAP net loss per share was $0.45 against $0.42 a year ago. Adjusted EBITDA was $25.480 million against $22.250 million a year ago. For the fiscal fourth quarter of 2015, the company expects total revenue of $65 million to $67 million. Non-GAAP operating loss is expected to be in the range of $9.5 million to $10.5 million. Adjusted EBITDA loss is expected to be in the range of $7.0 million to $8.0 million. Non-GAAP net loss is expected to be in the range of $0.14 to $0.15 per share.

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