Can Nutanix (NTNX) Bounce Back After 2.3% Decline Since Last Earnings Report?
Nutanix recently reported its second-quarter earnings, with non-GAAP earnings per share of 46 cents, exceeding expectations. Revenues also increased by 16% year over year to $565.2 million. The company saw growth in its hyper-converged infrastructure software and adoption of its multi-cloud solutions. Product revenues rose by 19.6% to $299.6 million, and subscription revenues climbed by … Read more