Nutanix Announces Q1 FY2024 Results

Nutanix Announces Q1 FY2024 Results

Chris EvansEnterprise, HCI, Individual Subscribers, Nutanix, Opinion, Processing Practice: Server Virtualisation, Software-Defined Storage, Virtualisation

Nutanix, Inc. has announced financial results for the first quarter of FY2024.  Revenue is up 17.8%, and gross margin is at 84%, although the company made a loss of $11 million for the quarter.  Is the turnaround working, and could Nutanix actually make it into profit?
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