Nutanix raises revenue notwithstanding large deal pushout – Blocks and Files

Nutanix raises revenue notwithstanding large deal pushout – Blocks and Files

Nutanix beat the street with its latest results driven by a strong contract renewals performance and increased sales in its customer base, despite large deals taking longer to close. Revenues in its fourth fiscal 2024 quarter, ended July 31, were $548 million, a 21 percent annual increase, and a loss of $126.1 million mainly due … Read more