Short-term problems should pave the way for long-term gains at Nutanix.
News & Analysis: Nutanix
The cloud-based infrastructure company believes it is at a turning point.
The company topped expectations in the fiscal fourth quarter.
The networking software specialist outperformed modest expectations, suggesting that recent top-line travails are temporary in nature.
It's a Tale of Two Tech Stocks this evening, with the pair of companies beating analyst projections.
NTNX earnings call for the period ending July 31, 2019.
Nutanix stock has been clobbered this year thanks to execution issues, but investors shouldn't turn a blind eye to the company's positives.
The cloud-computing software leader saw growth suffer as it shifted to recurring sales.
Headwinds buffeting the company's top line may take more than a single quarter to resolve.
The market fell sharply on Friday morning.