NetApp and Nutanix all beat Wall Street's targets

Data storage leaders Pure Storage, NetApp and Nutanix all beat Wall Street’s targets – SiliconANGLE

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Data storage leaders Pure Storage, NetApp and Nutanix all beat Wall Street’s targets – SiliconANGLE

Shares of data center storage rivals Pure Storage Inc. and NetApp Inc. took a hit in extended trading today, despite posting earnings and revenue that beat expectations, but both companies were completely overshadowed by Nutanix Inc. Nutanix crushed Wall Street’s estimates, sending its stock soaring more than 15% after-hours. Pure Storage’s stock fell more than 16% … Read more

Data storage giants Pure Storage, NetApp and Nutanix all beat Wall Street’s targets – SiliconANGLE

by
Data storage leaders Pure Storage, NetApp and Nutanix all beat Wall Street’s targets – SiliconANGLE

Shares of data center storage rivals Pure Storage Inc. and NetApp Inc. took a hit in extended trading today, despite posting earnings and revenue that beat expectations. Pure Storage’s stock fell more than 16% in the after-hours market action, while NetApp’s were down over 5% after both companies warned of longer sales cycles. Both companies … Read more