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The Big Question Nutanix Must Answer

Jeremy Bowman, The Motley Fool
·4-min read
The Big Question Nutanix Must Answer

Nutanix (NASDAQ: NTNX), the maker of cloud-based hyperconverged infrastructure software, delivered another solid earnings report last Monday. Billings, measured on an annual contract value (ACV) basis, rose 10% to $137.8 million, outpacing the company's guidance. Its ACV run rate rose 29% to $1.29 billion, showing momentum in the company's key metrics.