Nutanix Inc. shares moved as much as 21.7% Tuesday morning, because that just seems to be what the company’s stock does after earnings right now. Williams said regardless of this head-count pause, Nutanix still plans to hire for critical roles on an as-needed basis. Email adresine yeni bir şifre gönderilecek. Price. Nutanix's weak guidance led analysts at Oppenheimer to downgrade the stock from outperform to perform. Cash Flow -159.9K FCF-1.2 Op. “If you look at the impact of the coronavirus in general and the verticals that it hits—it’s retail, transportation, manufacturing, hospitality and travel and all that stuff,” said Duston Williams, chief financial officer at Nutanix. Apply For the Managed Service Providers 500, Dell Technologies Storage Learning Center, Symantec Business Security Learning Center, Dell Technologies World Digital Experience 2020. Shares of Nutanix ( NASDAQ:NTNX) have gotten crushed today, down by 10% as of 2:20 p.m. EDT. Analyst Jack Andrew cited “near-term uncertainty” due to the coronavirus outbreak as one cause for the target cut. Covid-19 gölgesinde 5G teknolojisi. Nutanix stock … A high-level overview of Nutanix, Inc. (NTNX) stock. Technology. Read the latest stock experts' ratings for Nutanix Inc. Is Nutanix Inc a good investment or a top pick? VMware also said that its board has authorized up to $1.5 billion in stock repurchases through fiscal 2021. Over the past five years, the stock … First, we would like to have more clarity to see if there might be any further potential disruption related to the impact of the coronavirus, and whether that disruption spreads to other portions of the world,” said Williams. “We view this selected head-count pause as simply the right thing to do, and iit s in no way related to any change to our overall positive view of our business going forward,” he said. … Uncertainty due to the coronavirus was one of the two main reasons Nutanix cited as to why it lowered revenue guidance for its current full fiscal year 2020. So why did Nutanix’s stock drop 28 percent? Software and support revenue reached $338 million, up 14 percent year over year, while software and support billings hit $420 million, an increase of 12 percent compared with the same quarter one year ago. Why Nutanix, Uber, Yelp, Zillow, and Fastly Stocks Dropped Today ... After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market. Sell. However, Nutanix’s CEO said he is not worried about the stock drop or lowering its full- year 2020 fiscal guidance. Shares of Nutanix (NTNX), an infrastructure software vendor, in late February plunged 28% in one session after management reduced billings … However, Nutanix’s CEO said he is not worried about the stock drop or lowering its full- year 2020 fiscal guidance. Stall In Asia-Pacific And Japan Region Nutanix said the lowering of guidance was primarily due to a fall specifically in the Asia-Pacific and Japan region, known as APJ. The company previously projected total fiscal year 2020 software and support revenue of between $1.3 billion and $1.4 billion, with billings between $1.65 billion and $1.75 billion. 5.23B Sector. Div. Why Nutanix, Inc. Stock Dropped Today The cloud networking services leader fell after a report that Google Cloud is muscling into its niche. The San Jose, Calif.-based company posted solid growth in its bread-and-butter software and support sales, which makes up the majority of Nutanix’s business, during its second fiscal earning report. Nutanix Inc (NASDAQ: NTNX) reported higher-than-expected top- and bottom-line first-quarter results Monday. After gaining as much as 46% this year, the stock has tumbled, last week dropping 10% and erasing all of the gains Netflix had made in 2019. Tanzeel Akhtar, ... Why Goldman Sachs Is Dropping Bearish Nutanix Stance After Q1 Beat. The hyperconverged infrastructure pioneer’s stock is down more than 28 percent Thursday after Nutanix reported its second fiscal quarter earnings Wednesday night. Komplo teorisi mi yoksa gerçek mi? Receive notification when applications open for lists and awards. ET Investors in Nutanix, Inc. (NASDAQ:NTNX) have tasted that bitter downside in the last year, as the share price dropped 18%. In addition, there are some big deals in Japan that will need to be halted, according to Williams. Our execution in this area far exceeded our expectations in the second quarter, significantly surpassing our fiscal year 2020 fourth-quarter goal of 75 percent,” said Williams. In oppose to the moving average for the … In the same quarter one year ago, Nutanix reported a loss of $123 million, or $0.68 per share. “Of the $50 million to $80 million decrease in [fiscal year 2020] billing guidance range, approximately $25 [million] to $30 million is related to the faster-than-expected transition to subscription, with the remaining amount attributed to the reduction in our APJ [Asia-Pacific and Japan] region sales plan.”. That contrasts poorly with the market return of 9.9%. The company's shares dropped by 6% today despite Novavax not reporting any news. 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