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Nutanix Continues to Impress | Sramana Mitra

Enterprise cloud computing player Nutanix (Nasdaq: NTNX) recently announced its fiscal year results that outpaced market expectations. The company's strong performance and guidance helped drive the stock 15% higher in the after-hours trading session. Nutanix's Financials For the fourth quarter of the year, revenues grew 28% to $494.2 million, ahead of the market's forecast by 3.91%. ACV billings grew 44% to $278.7 million, ahead of the consensus and guidance by 17 points, making it the highest beat versus guide since the company started guiding on this metric. EPS was $0.24, compared with the Street's forecast of $0.15. By segment, Nutanix's subscription revenues grew 31% to $459.5 million while revenues from non-portable software fell 9% to $10.38 million. Revenues from hardware grew 3% to $351 million and professional software revenue grew 4% to $24.02 million. For the fiscal year, Nutanix reported revenues of $1.86 billion, up 18%. It ended the year with ear ....

Evgeni Tcherkasski , Cisco Intersight , Nutanix Desktop Services , Cisco Unified Computing System , Nutanix Cloud Infrastructure , Nutanix Cloud Manager , Nutanix Unified Storage , Nutanix Desktop , Nutanix Cloud Platform , Nutanix Cloud , Technology Stocks ,

Cisco and Nutanix Forge Global Strategic Partnership to Simplify Hybrid Multicloud and Fuel Business Transformation

Cisco and Nutanix Forge Global Strategic Partnership to Simplify Hybrid Multicloud and Fuel Business Transformation
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United Arab Emirates , Jeremy Foster , Cisco Intersight , Tarkan Maner , Nutanix Inc , Nutanix Desktop Services , Cisco Unified Computing System , Nutanix Cloud Platform , Nutanix Cloud Infrastructure , Nutanix Cloud Manager , Nutanix Unified Storage , C Series Servers , Year Award ,

Cisco and Nutanix Forge Global Strategic Partnership to Simplify Hybrid Multicloud and Fuel Business Transformation

Cisco, the leader in enterprise networking and security, and Nutanix, Inc., a leader in hybrid multicloud computing, today announced a global strategic partnership to accelerate hybrid multicloud deployments by offering the industry’s most complete hyperconverged solution for IT modernization and business transformation. ....

Jeremy Foster , Tarkan Maner , Cisco Intersight , Nutanix Desktop Services , Nutanix Inc , Compute Hyperconverged , Cisco Unified Computing System , Nutanix Cloud Platform , Nutanix Cloud Infrastructure , Nutanix Cloud Manager , Nutanix Unified Storage , C Series Servers , Year Award ,