Welcome to our dedicated page for Nutanix news (Ticker: NTNX), a resource for investors and traders seeking the latest updates and insights on Nutanix stock.
Nutanix Inc (NTNX) delivers enterprise cloud software that simplifies hybrid multicloud infrastructure management through its hyperconverged platform. This page aggregates official news releases and verified updates about the company’s financial performance, product innovations, and strategic partnerships.
Investors and IT decision-makers will find timely updates on earnings announcements, technology advancements in software-defined infrastructure, and collaborations shaping the future of cloud operations. The curated collection serves as a reliable resource for tracking Nutanix’s progress in enabling scalable, secure enterprise environments.
Key content includes disclosures about cloud platform enhancements, subscription model developments, and operational milestones. All materials are sourced directly from Nutanix communications to ensure accuracy and compliance with financial reporting standards.
Bookmark this page for streamlined access to NTNX’s latest business developments. Check regularly for updates on infrastructure-as-a-service offerings, management commentary, and industry leadership initiatives in the evolving cloud software market.
Nutanix has announced its upcoming .NEXT 2023 event scheduled for May 9-10 in Chicago. This in-person event will showcase the latest in hybrid multicloud computing, featuring keynotes from renowned speakers like Allyson Felix, Dr. Ayesha Khanna, and Tony Hawk. Attendees can expect expert-led sessions aimed at refining cloud strategies, enhancing productivity, and cutting costs.
The event will include hands-on labs and expert sessions on various topics, such as sustainability in IT and future-proofing cloud strategies. Nutanix is also partnering with notable sponsors like Citrix, HPE, and Intel, adding to its growing ecosystem.
The registration link and full agenda can be found at Nutanix's official site.
Nutanix (NASDAQ: NTNX) released its fifth global Enterprise Cloud Index (ECI) survey, highlighting the rising complexity in IT infrastructure as organizations increasingly use multiple environments. Key findings indicate that 60% of IT teams currently navigate various infrastructures, a figure projected to rise to 74%. Security, visibility, and cloud cost management remain significant challenges, with only 40% having full insight into their data locations. Additionally, 96% of respondents utilize open-source Kubernetes, yet face challenges in deploying it. Sustainability is also gaining traction as 92% deem it more critical than last year.
Nutanix, a leader in hybrid multicloud computing, received a standard notification from Nasdaq on March 15, 2023, for not filing its Quarterly Report on Form 10-Q for the period ending January 31, 2023. This notification indicates non-compliance with Nasdaq Listing Rule 5250(c)(1), which mandates timely filing of financial reports. However, the notification does not affect the trading of Nutanix's Class A common stock on Nasdaq. Nutanix has 60 days to submit a compliance plan, which could grant an extension of up to 180 days, until September 11, 2023, to regain compliance. The company aims to adhere to the required timeline.
Nutanix, Inc. (NASDAQ: NTNX) reported preliminary financial results for Q2 FY2023, achieving a 23% year-over-year growth in ACV billings, totaling $267.6 million. The company also experienced an 18% increase in revenue, reaching $486.5 million, alongside a record free cash flow margin of $63.0 million. Nutanix raised its FY2023 revenue and ACV billings guidance to between $1.80 - $1.81 billion and $905 - $915 million, respectively. However, an ongoing investigation into the misuse of third-party software may incur additional costs. Nutanix reaffirmed its expectations of $100 to $125 million in free cash flow for the fiscal year.
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