Nutanix, Inc. (NTNX) is a global technology company that provides a software-defined enterprise cloud platform for businesses. The company was founded in 2009 by Dheeraj Pandey, Ajeet Singh, and Mohit Aron, and it is headquartered in San Jose, California.
Nutanix's platform combines compute, storage, and networking resources into a single, scalable system that can be managed through a single interface. The company's products and services are designed to enable organizations to build and operate their own private, public, or hybrid clouds. Nutanix's platform is used by a wide range of businesses, including Fortune 500 companies, healthcare organizations, and government agencies.
Nutanix's latest market offerings include its Nutanix AHV virtualization software, Nutanix Xi cloud services, and Nutanix Calm automation platform. The company also offers a range of professional and support services to help customers design, deploy, and manage their cloud environments.
In the latest quarter (Q3 2021), Nutanix reported revenue of $335.9 million, representing year-over-year growth of 20%. The company's net loss for the quarter was $59.5 million, compared to a net loss of $71.9 million in the same quarter the previous year. Nutanix's non-GAAP net loss for the quarter was $29.9 million, compared to a non-GAAP net loss of $36.5 million in the same quarter the previous year.
Overall, Nutanix has seen strong growth in recent years as businesses increasingly adopt cloud computing technologies. The company's platform is well-regarded in the industry and has a strong customer base, which should help it continue to perform well in the future.
Background
Nutanix Inc, located at 1740 technology drive, suite 150, san jose, ca, us specializes in the services-prepackaged software industry. It is currently listed on the exchange NASDAQ in the country USA.
The company's last annual earnings report on 2022-07-31 showed that it had reached a market capitalization of 6,541,345,000 dollars.
If someone had invested $100 in Nutanix Inc 10 years ago, their investment would be worth roughly $27.65 today, according to If You Had Invested
If you had invested...
The stock price is a reflection of the company's performance, market value and for NTNX, its stock has been tanking. If you had invested $1,000 in Nutanix Inc 1 year ago and held onto your investment until today , here's what would have happened:
Your investment would now be worth roughly $767.09 today.
Financials
If you are looking for a company with a high dividend yield then avoid Nutanix Inc because it does not pay a dividend.
In terms of growth Nutanix Inc has been on the up and up with a Quarterly earnings growth rate of 0. At the same time revenue growth has been sliding down as well with a quarterly revenue growth rate of -0.013
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