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Nutanix, Inc. - NTNX STOCK NEWS

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. (symbol: NTNX) is a pioneering company in the field of enterprise cloud computing, making infrastructure invisible so businesses can focus on their applications and services. The company provides the Nutanix Enterprise Cloud Platform, which integrates compute, virtualization, and storage into a resilient, software-defined solution. With a design inspired by web-scale engineering and consumer-grade simplicity, Nutanix offers robust machine intelligence to ensure predictable performance, cloud-like infrastructure consumption, enhanced security, and seamless application mobility.

Core Offerings and Capabilities

  • Compute, Virtualization, and Storage Convergence: Nutanix converges these critical IT functions natively into one platform.
  • Machine Intelligence: The platform leverages advanced analytics and machine learning for optimized performance and resource utilization.
  • Seamless Application Mobility: Facilitates easy transfer and management of applications across different environments.
  • Predictable Performance: Ensures consistent and reliable performance metrics for enterprise applications.

Versatile Applications

Nutanix's solutions cater to a wide range of workloads, including large-scale virtual desktop initiatives (VDI), development and test applications, private cloud deployments, and big data projects like Hadoop. The platform enables rapid deployment and scalability, helping businesses to simplify their data center infrastructure significantly. Customers can deploy Nutanix appliances in under 30 minutes, gaining rapid time to value.

Global Presence and Partnerships

While the majority of Nutanix's revenue is generated from the United States, the company maintains a significant presence across Europe, the Middle East, Asia Pacific, Africa, and other regions. This global reach is complemented by strategic partnerships that enhance its market penetration and product offerings.

Financial Performance

Nutanix continues to demonstrate strong financial performance, driven by its innovative solutions and expanding customer base. The company's engineering team is led by experienced developers and architects who strive to deliver cutting-edge technologies that meet the evolving needs of enterprises worldwide.

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Nutanix authorizes repurchase of up to $350M of Class A common stock, reflecting confidence in long-term market opportunity and financial outlook.
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Nutanix reports 27% YoY ACV billings growth and strong YoY free cash flow growth for fiscal 2023. Revenue for Q4 FY'23 was $494.2 million, a 28% increase YoY. GAAP gross margin improved to 83.7%. Non-GAAP operating margin for Q4 FY'23 was 12.9%. The company's Board of Directors authorized the repurchase of up to $350 million of its stock. Q1 FY'24 outlook includes ACV billings of $260-270 million and revenue of $495-505 million.
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Cisco and Nutanix announce global strategic partnership to accelerate hybrid multicloud deployments
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Nutanix (NASDAQ: NTNX) announced the Nutanix GPT-in-a-Box™ solution, a full-stack software-defined AI-ready platform for AI and machine learning innovation, maintaining control over data. The offering includes services to help organizations size and configure hardware and software infrastructure, suitable to deploy large language models (LLMs) using the Nutanix Cloud Platform™. It allows customers to easily procure AI-ready infrastructure to fine-tune and run generative pre-trained transformers (GPT), including LLMs at the edge or in their datacenter.
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Nutanix, Inc. (NASDAQ: NTNX) to report fiscal Q4 and FY 2023 financial results on August 31, 2023. Conference call and webcast to discuss the results.
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Nutanix (NASDAQ: NTNX) adds Mark Templeton to its board of directors, bringing deep industry expertise in cloud and datacenter infrastructure software. Templeton's experience as a public company CEO and his extensive board experience make him a valuable addition. Nutanix aims to leverage his insights for strong market growth with its hybrid multicloud vision.
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FAQ

What is the current stock price of Nutanix (NTNX)?

The current stock price of Nutanix (NTNX) is $65.07 as of December 20, 2024.

What is the market cap of Nutanix (NTNX)?

The market cap of Nutanix (NTNX) is approximately 17.1B.

What does Nutanix, Inc. specialize in?

Nutanix specializes in enterprise cloud computing, converging compute, virtualization, and storage into a software-defined solution.

What is the Nutanix Enterprise Cloud Platform?

It is a platform that combines compute, virtualization, and storage, offering machine intelligence, predictable performance, and seamless application mobility.

What are some applications of Nutanix's solutions?

Nutanix's solutions are used for virtual desktop initiatives, development/test applications, private clouds, and big data projects like Hadoop.

Where does Nutanix generate most of its revenue?

The majority of Nutanix's revenue comes from the United States.

How quickly can Nutanix appliances be deployed?

Nutanix appliances can be deployed in under 30 minutes, providing rapid time to value.

What is unique about Nutanix's approach to infrastructure?

Nutanix makes infrastructure invisible, allowing businesses to focus on their applications and services with a resilient, software-defined solution.

Who leads the engineering team at Nutanix?

The engineering team is led by experienced developers and architects responsible for the company's innovative solutions.

Does Nutanix have a global presence?

Yes, Nutanix has a significant presence in regions such as Europe, the Middle East, Asia Pacific, Africa, and more.

What benefits does Nutanix offer to enterprises?

Nutanix offers predictable performance, cloud-like infrastructure consumption, robust security, and seamless application mobility.

How does Nutanix enhance security for its clients?

Nutanix provides a resilient, software-defined infrastructure that enhances security through its design and machine intelligence capabilities.

Nutanix, Inc.

Nasdaq:NTNX

NTNX Rankings

NTNX Stock Data

17.12B
249.81M
0.47%
85.4%
1.98%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
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