Arr

Wiz hopes to hit $1B in ARR in 2025 before an IPO, after turning down Google’s $23B | TechCrunch

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Wiz hopes to hit B in ARR in 2025 before an IPO, after turning down Google’s B | TechCrunch

Wiz co-founder and VP of R&D Roy Reznik told CNBC last week that the company has hit $500 million in annual recurring revenue, and plans to double that in 2025 to $1 billion. He also reiterated that the $1 billion-mark is a prerequisite for the… Article Source https://techcrunch.com/2024/10/23/wiz-hopes-to-hit-1b-in-arr-in-2025-before-an-ipo-after-turning-down-googles-23b/

Nutanix Inc (NTNX) Announces Strong Q2 Fiscal 2024 Results: 26% ARR Growth and Robust Free …

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Nutanix Inc (NTNX) Announces Strong Q2 Fiscal 2024 Results: 26% ARR Growth and Robust Free …

Nutanix Inc (NASDAQ:NTNX) recently announced its financial results for the second quarter ended January 31, 2024, demonstrating strong growth and financial performance despite economic challenges. The company reported a 26% increase year-over-year in Annual Recurring Revenue (ARR), reaching $1.74 billion, and a 16% increase in revenue to $565.2 million. Nutanix also achieved GAAP operating income … Read more