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Cloud Stocks: Nutanix Reimagines Data Centric Platform Services

Enterprise cloud computing player Nutanix (Nasdaq: NTNX) recently announced its third quarter results. The market was pleased with Nutanix's quarterly performance and outlook. Post the results announcement, it's stock soared 14% in the after-hours trading session. Nutanix's Financials For the third quarter of the year, revenues grew 11% to $448.6 million, ahead of the analyst projections of $433 million. Net loss was $81.2 million, or $0.35 a share, compared with a loss of $112.0 million, or $0.50 a share a year ago. Non GAAP EPS was $0.04 a share, in line with the consensus. By segment, Nutanix's support, entitlements and other services revenues grew 16% to $236.1 million, while product revenue grew 6% to $212.5 million. For the third quarter, Nutanix forecast revenues of $470-$480 million compared with the market's estimates of $452 million. For fiscal year 2023, the company expects revenue of $1.84-$1.85 billion. Nutanix's Growth Focus Recently, Nutanix ....

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Project Beacon: Nutanix Announces Vision For Hybrid Multicloud Platform-as-a-Service

Nutanix (NASDAQ: NTNX ), a leader in hybrid multicloud computing, today announced Project Beacon, a multi-year effort to deliver a portfolio of data-centric Platform as a Service (PaaS) level services available natively anywhere – including on Nutanix . ....

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iTWire - Project Beacon: Nutanix announces vision for hybrid multicloud platform-as-a-service

COMPANY NEWS: Nutanix, a leader in hybrid multicloud computing, today announced Project Beacon, a multi-year effort to deliver a portfolio of data-cen. ....

Rajiv Ramaswami , Matt Hicks , Dave Pearson , Nutanix Database Service , Red Hat , Enterprise Cloud Index , Project Beacon , Red Hat Openshift , Nutanix Cloud Infrastructure ,

Business.Scoop » Project Beacon: Nutanix Announces Vision For Hybrid Multicloud Platform-as-a-Service

Business Scoop provides news and views on Business and Markets from New Zealand ....

Matt Hicks , Dave Pearson , Rajiv Ramaswami , Red Hat , Nutanix Database Service , Service Paa , Press Release , Project Beacon , Enterprise Cloud Index , Red Hat Openshift , Chief Executive Officer , Nutanix Cloud Infrastructure , Infrastructure Systems , New Zealand ,

Project Beacon: Nutanix Announces Vision for Hybrid Multicloud Platform-as-a-Service

Project Beacon: Nutanix Announces Vision for Hybrid Multicloud Platform-as-a-Service
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