The bleeding will have to stop... sooner rather than later.
Having read what Forbes has to say about Nutanix: https://www.forbes.com/sites/greatspeculations/2018/02/21/stiff-competition-could-sink-nutanix-stock/#1e6b626e1e53
and your comment: "Profits seem as far away as ever, with a net loss of $61.5m, better than the prior quarter's $90.7m loss and the year-ago quarter's $76.4m, but not by much considering the revenue rise involved."
My real concern is how do they plan to turn a company gone public 18 months ago into something profitable? Will they have to charge more? Deliver less? Or both in order to become profitable?