A few weeks ago I wrote a post about Nutanix. The post proved to be more controversial than many others. At the end of the day, several commentators, particularly on SA, who had apparently lost money on the name, basically suggested that management was incompetent and that I was irresponsible for paying attention to their…
Summary Nutanix reported disappointing operating metrics at the end of last month. The shares sagged another 20% or so, in the wake of the disappointing quarterly report and the concomitant guidance. The shares on an EV/S basis, have now descended to value terrirory. Part of the issue plaguing valuations is a still misunderstood pivot to…
Nutanix reported numbers this afternoon-revenue numbers and guidance were considered weak-and some subscribers have gone beyond that in their description. As I write this the shares are down by 17%. I have been defending Nutanix as a company for some time now-and to some extent, it has been a bootless exercise. I am going to…
I imagine that most readers who are invested in Nutanix have seen that it was downgraded this morning by Katie Huberty, the analyst at Morgan Stanley. Nutanix is going to report its results for the quarter that ended the end of April on Thursday, May 30th after the close. The shares have been under pressure since…
Nutanix shares lost 9.1% of there share value this week. It is my view that the sell-off reflects investor concerns that are not well grounded. The substantive concern, implied by a Cleveland Research report, to the extent that Dell is taking share or will take share from Nutanix simply doesn’t come from any independent sources…
There have been a variety of news events that may be of interest to some subscribers. I though it might be most convenient to bundle them into a single post. None of these events will be company changing but they have had some modest share price impact. Before starting on the content, please note that…
Yesterday Nutanix held its widely anticipated Analyst Day. It was well received on many levels and the shares bounced further. On balance, those analysts who had been positive after the catastrophic reaction of the shares to a serious guide down have remained so, and even negative analysts acknowledged that the presentation portrayed a fixable problem.…
Nutanix transitions sales leadership Last week, Nutanix announced the departure of its Chief Revenue Officer, Lou Attanasio. The departure, whether entirely voluntary or a suggested transition, was a step that had to happen. A company like Nutanix that offers a plethora of great products, but has fallen down on sales hires and sales productivity is…
In a word-it certainly was. Nutanix reported its results on Thursday afternoon. The results themselves, for Nutanix fiscal Q@ were not bad. The guidance for this present quarter is another matter. I doubt that most readers are interested at this point in a discussion of the company, its market and its products. Nutanix sells lots…
I imagine that all of our subscribers are aware that the Fed chose to raise rates this afternoon. That decision had been anticipated by most market participants. The Fed statement, however, was considered to be more aggressive with regards to the likelihood of future rate hikes than might have been hoped. The Fed also continued…