|Bid||56.32 x 2900|
|Ask||56.35 x 800|
|Day's range||55.80 - 58.87|
|52-week range||18.51 - 64.87|
|PE ratio (TTM)||N/A|
|Earnings date||29 Aug 2018 - 4 Sep 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||57.88|
Nutanix , a leader in enterprise cloud computing, today announced that its management will be presenting at the following upcoming financial community events:
SAN JOSE, Calif.--(BUSINESSWIRE)-- Nutanix (NASDAQ: NTNX ), a leader in enterprise cloud computing, today announced that its management will be presenting at the following upcoming financial community ...
Nutanix (NTNX), a leader in enterprise cloud computing, today announced its Enterprise Cloud OS software is helping Swinburne University of Technology build and manage a hybrid cloud, eliminating time-consuming and administrative tasks for the university’s IT team and final year students. Located in Melbourne, Swinburne University of Technology is a world-ranked institution committed to providing an education to a section of society otherwise denied further education, including the Aboriginal and Torres Strait Islander people of Australia. Swinburne has a curriculum that focuses and relies heavily on technology.
Here are some things going on today in the world of tech: Shares of streaming pioneer Roku (ROKU) are up $1.61, or 4.5%,% at $37.60, after noted short-selling firm Citron Research announced that it is reversing its short call on the stock—first issued just after the company’s November IPO—after concluding the stock is undervalued relative to peers in the “over the top,” or OTT, video market. In a report posted online, with no byline, the firm notes Roku shares are "trading at the largest discount ever to OTT peers despite being the only OTT pure play that generates ad revenue." The authors point out Roku's multiple of enterprise value to sales relative to Netflix (NFLX) and ad broker Trade Desk (TTD) is so low that Roku "has gone from the most expensive to by far the cheapest" segment play.
Among the companies with shares expected to trade actively in Friday's session are Amazon.com, Apple, PayPal, United Continental and Foot Locker.
Regarding the selloff this evening in Nutanix—the stock is now down only 4%, versus a 7% drop earlier—I spoke with CEO Dheeraj Pandey by phone a short while ago. Nutanix is very focused on free cash flow, he repeated. Pandey’s larger point was that the company is balancing growth and profit, by focusing on free cash flow.
The San Jose, California-based company said it had a loss of 51 cents per share. Losses, adjusted for one-time gains and costs, came to 21 cents per share. The results did not meet Wall Street expectations. ...
Nutanix, Inc. (NTNX) just released its third-quarter fiscal 2018 financial results, posting an adjusted loss of $0.21 per share and revenues of $289.41 million.
Nutanix late Thursday reported an adjusted fiscal third-quarter loss of 21 cents a share, missing estimates by a penny, and forecast a larger-than-expected loss for the July quarter, sending shares down in late trades.
Nutanix Inc. shares dropped more than 7% before taking back some of those losses and trading down 4.2% in the extended session Thursday after the company missed analyst earnings expectations. The cloud computing company's shares fell 1.6% to $55.37 during regular trading. The company reported fiscal third-quarter net losses of $85.7 million, or 51 cents a share, compared with losses of $96.8 million, or 67 cents a share, in the year-ago period.
[Updates with share-price change at bottom of story.] Shares of “hyper-converged” technology vendor Nutanix (NTNX) are down $3.86, or 7%, to $51.50, in late trading, after the company this afternoon reported fiscal Q3 revenue that topped analysts' expectations, but missed on the bottom line, and forecast this quarter's profit sharply below consensus. Revenue in the three months ended April rose 41% year over year to $289.4 million, yielding a net loss of 21 cents per share, excluding some costs. Analysts had been modeling $279 million in revenue and a net loss of 19 cents per share.
Nutanix, Inc. , a leader in enterprise cloud computing, today announced financial results for its third quarter of fiscal 2018, ended April 30, 2018.
Synopsys (SNPS) second-quarter fiscal 2018 results are expected to gain from enhanced portfolio. However, escalating costs remain a concern.
Teaser: Intuit's (INTU) third-quarter earnings and revenues are expected to benefit from its increasing QuickBooks online subscriber base and strong adoption of TurboTax products.
In December of 2017, the company’s POWER9 platforms hit the market with a focus on Artificial Intelligence (AI). At last week’s Red Hat summit, IBM and Red Hat announced a partnership to extend IBM Cloud to Red Hat's OpenShift Container Platform and Certified Containers. My firm’s Principal Analyst, Patrick Moorhead, wrote about the POWER9 CPU at product launch.
What’s unimpressive news for Cisco Systems (CSCO) may be good news for some of its competitors in computer hardware. The company’s indication that corporate buyers are spending in a big way should be encouraging to numerous companies who compete in one way or another with Cisco. Shares of Cisco are down $1.64, or 3.6%, at $43.52, after the company yesterday afternoon slightly beat fiscal Q3 revenue and profit expectations, and forecast this quarter’s results more or less in line.
On May 15, Hewlett Packard Enterprise (HPE) announced its intention to acquire data center SDN (software-defined networking) company Plexxi for an undisclosed sum. Plexxi, founded in 2010, has received ~$83.4 million in funding to date. Plexxi develops optimized networks to improve application performance. HPE expects Plexxi’s acquisition to close by fiscal 3Q18.
Nutanix® (NASDAQ:NTNX), a leader in enterprise cloud computing, today announced that it has named Sankalp Saxena as Senior Vice President and Managing Director of Operations of its India subsidiary. In this role, Saxena will be responsible for leading Nutanix’s India operations and executing on the company’s growth strategy, including product innovation, talent acquisition and brand building. “Sankalp is a rare mix of a builder-maker and a manager-at-scale,” said Dheeraj Pandey, Nutanix Founder, CEO, and Chairman.
Hewlett Packard Enterprise has announced its intention to acquire Plexxi, a small software-defined networking company, for an undisclosed amount. Plexxi provides flexible software-defined networking fabric capabilities for HCI and cloud applications. HPE, in announcing the acquisition, specifically called out the benefit that Plexxi’s capabilities in software-defined and flexible networking will bring to HPE's Simplivity and Synergy solutions. While there will be an immediate benefit to those product lines for HPE, this acquisition is far more strategic in nature. Converged and composable infrastructure are evolving at a rapid rate. Partnerships only work up to a point. The technology providers who have the right balance of capabilities in their IP portfolios will be the ones best suited to evolve with the needs of their customers.
NutanixⓇ (NASDAQ:NTNX), a leader in enterprise cloud computing, today announced at .NEXT Conference 2018 Nutanix Beam, a new software-as-a-service (SaaS) offering that delivers multi-cloud governance so organizations can manage their spending, security and regulatory compliance across nearly any cloud platform. Beam is based on Nutanix’s recently-acquired Minjar Botmetric service, which is already used to manage more than $1B of cloud spend across Amazon Web Services (AWS) and Microsoft Azure. According to Gartner, “Governance becomes incrementally more challenging as organizations deploy multicloud strategies, because they must govern not only the consumption of cloud by provider, but also consumption across cloud providers.