Nutanix (NTNX) shares are surging Thursday after the company reported fiscal fourth quarter earnings that beat estimates on both revenue and profit. Revenue came out at $547.95 million, surpassing analyst expectations of $536.82 million. Adjusted earnings per share reached $0.27 during the quarter, topping projected gains of $0.20 per share. The cloud operator also provided … Read more
Participants Rich Valera; VP, IR; Nutanix Inc Rajiv Ramaswami; President, Chief Executive Officer, Director; Nutanix Inc Rukmini Sivaraman; CFO; Nutanix Inc George Wang; Analyst; Barclays Jim Fish; Analyst; Piper Sandler Meta Marshall; Analyst; Morgan Stanley Ruplu Bhattacharya; Analyst; BofA Global Research Jason Ader; Analyst; William Blair & Company Victor Chiu; Analyst; Raymond James Mike Cikos; … Read more
Dell Technologies and Nutanix, building on their longstanding relationship, have announced two new solutions designed to enhance flexibility and control within Nutanix environments. These offerings aim to address key IT challenges and support enterprises in managing their applications and workloads more efficiently. The first solution, Dell XC Plus, is a turnkey hyper-converged infrastructure (HCI) appliance … Read more
On June 18, 2024, Rajiv Ramaswami, President and Chief Executive Officer of Nutanix Inc (NASDAQ:NTNX), sold 23,986 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 407,045 shares of Nutanix Inc. Nutanix Inc (NASDAQ:NTNX) specializes in cloud software and hyperconverged infrastructure solutions, making computing … Read more
Rajiv Ramaswami, President and CEO of Nutanix Inc (NASDAQ:NTNX), recently sold 23,932 shares in the company on March 18, 2024, at an average price of $63.05 per share, totaling $1,509,226.60. Nutanix specializes in cloud computing, providing an integrated enterprise cloud platform that simplifies datacenter operations. Over the past year, Ramaswami has sold a total of … Read more
Nutanix’s revenue rose to a record high last quarter, and it made a profit for the very first time. Nutanix is doing well, and expectations for the coming years look good. However, the success cannot be seen separated from Broadcom’s acquisition of VMware. According to Rajiv Ramaswami, Nutanix’s CEO, this acquisition provides opportunities for growth … Read more