3 Things Nutanix Management Wants You to Know
Nutanix (NASDAQ: NTNX) confirmed that its turnaround is on track with a solid fourth-quarter report on Aug. 31. The cloud computing specialist delivered outstanding revenue growth thanks to a spike in customer additions and transaction size, posting a lower-than-expected net loss.
The company's current-quarter revenue guidance also turned out to be better than expected, allaying investors' worries regarding potential market-share concession to the likes of Hewlett-Packard Enterprise and Cisco. So what led to Nutanix's terrific growth last quarter, and is it capable of sustaining its momentum? To find out, let's take a look at three key points from Nutanix management.
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Source: Fool.com
Nutanix Inc. Stock
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With a target price of 62 € there is a positive potential of 36.23% for Nutanix Inc. compared to the current price of 45.51 €.
