Nutanix reports record revenues for first year since going public

Nutanix closed its first year as a public company with a beat-and-raise quarter, firing on all fronts and heading confidently to a billion-dollar run rate next quarter. It was a record FY17 final quarter for Nutanix with revenues reaching $226.1m, beating last quarter's guidance of $215m-$220m. GAAP net loss was $90.7m, down …

[Anonymous Coward]

"In the coming 12 to 18 months, you will actually see us become a full-fledged networking and software-defined security vendor just like what you are seeing VMware as well."

Right. Took Vmware 6 years, and more money than Nutanix is worth, to go almost head to head with Arista and Cisco.

[Anonymous Coward]

Enron

Funny, this is the first quarter after they discovered their Magic Enron Revenue Increaser (TM)

https://www.theregister.co.uk/2017/07/19/nutanix_ceo_smacks_down_vmware_exec_over_enron_comparison/

[ManMountain1]

So everything they sell for $1, costs them $1.50 to 'make'. I find that quite hard to see as a success.

[Terry P]

Well, I guess the first part of learning is knowing where your shortcomings are.

Have you considered an MBA? A course in business finance management? Even just a browse throught the financials of the startups over the last 20 years can help.

[Anonymous Coward]

OK

Why are all the red (loss) columns getting larger ?

[Terry P]

Re: OK

...because they are spending more.