Hey kids! Did you hear about Nutanix (NTNX)? It's a company that helps businesses manage their computer stuff in the cloud – like a super-organized digital storage room! They just had amazing news about their earnings (money they made).
- Nutanix made more money than expected in the last three months.
- Their sales went up by 16%!
- Lots of companies are switching to Nutanix because their competitor, VMware, raised prices.
- Nutanix's stock price jumped over 14% after the good news!
Fact | Number |
---|---|
Adjusted earnings per share | 56 cents |
Revenue increase | 16% |
Total Revenue | $654.7 million |
Stock Price Jump | >14% |