Nutanix sees revenue surge as VMware customers flee Broadcom acquisition – Blocks and Files

Nutanix recorded a double-digit revenue increase, at least partly ascribed to sales to disgruntled Broadcom VMware customers who jumped ship to its hyperconverged alternative.

Revenue in the second fiscal quarter ended January 31, 2025, was $654.7 million, 16 percent more than a year ago, with a GAAP profit of $56 million, 70.8 percent more than last year’s Q2. Annual recurring revenue (ARR) grew 19 percent year-over-year to $2.1 billion. The customer count…