Reported about 7 hours ago
Nutanix (NTNX) stock fell despite exceeding Q4 earnings expectations, as CEO Rajiv Ramaswami discussed the company's emerging growth drivers and strong demand from customers. He noted that Nutanix is effectively modernizing infrastructure and migrating clients from legacy systems, with a significant customer base growth, including 2,700 new customers this year alone. Ramaswami remains confident in the company's long-term prospects amid a $100 billion market opportunity.
Source: YAHOO