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...