NTNX Profile
Nutanix, Inc. (NTNX) is a software company that provides hyper-converged infrastructure (HCI) software that enables organizations to simplify their data center operations and improve performance. The company's software combines computing, storage, and networking into a single system, which can be managed through a single interface. Nutanix was founded in 2009 and is headquartered in San Jose, California.
Nutanix's software is designed to help organizations reduce the complexity of their IT infrastructure and make it more efficient. The company's software is used by a wide range of organizations, including enterprises, government agencies, and service providers. Nutanix's customers include major companies such as BMW, Nasdaq, and the U.S. Army.
In addition to its HCI software, Nutanix also offers cloud infrastructure software, which enables organizations to build and manage private and hybrid clouds. The company's cloud software is designed to provide organizations with the flexibility and scalability they need to meet the demands of their businesses.
Nutanix has been growing rapidly in recent years, and the company's revenue has increased significantly. In its most recent fiscal year, which ended on July 31, 2021, the company reported revenue of $1.62 billion, up from $1.31 billion in the previous year. Nutanix's net loss for the year was $707.5 million, down from a net loss of $1.02 billion in the previous year.
Nutanix is listed on the Nasdaq stock exchange and is included in the Nasdaq 100 index. The company's stock has experienced significant volatility since its initial public offering (IPO) in 2016, but has generally trended upward over the long term. As of February 18, 2023, Nutanix had a market capitalization of approximately $12.8 billion.
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