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cloud enterprise

Nutanix Shares Nosedive After Weak Sales Forecast

By
Kevin McLaughlin
· · Source: The Information

Nutanix, which sells software for managing computing and storage in data centers, triggered a selloff after its sales forecast for the current quarter fell well short of Wall Street’s expectations. But CEO Dheeraj Pandey says Nutanix isn’t losing deals to its main rival, VMware.  Nutanix beat Wall Street’s revenue forecast and posted a narrower-than-expected net loss for its fiscal...

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