Nutanix, Inc. Reports Earnings Results for the Fourth Quarter Ended July 31, 2021
September 01, 2021 at 04:02 pm EDT
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Nutanix, Inc. announced earnings results for the fourth quarter ended July 31, 2021. For the fourth quarter, the company announced total revenue was USD 390.720 million compared to USD 327.874 million a year ago. Operating loss was USD 141.888 million compared to USD 171.352 million a year ago. Net loss was USD 358.182 million compared to USD 185.348 million a year ago.
Nutanix, Inc. provides an enterprise cloud platform, Nutanix Cloud, which consists of software solutions and cloud services. The Company's solutions deliver a consistent cloud operating model across edge, private-, hybrid- and multi cloud environments for all applications and their data. Its solutions allow organizations to simply run and move their workloads, including enterprise applications, databases, end user computing and virtual desktop infrastructure (VDI) services, container-based modern applications, and analytics applications, between on-premises and public clouds. It operates a subscription-based business model to provide its customers to choose the licensing. The Companyâs Nutanix Cloud Infrastructure (NCI) offers hybrid cloud infrastructure combine its core Hyperconverged Infrastructure (HCI) software stack (AOS), native, enterprise-grade hypervisor (AHV), virtual networking, disaster recovery, network and data security and Kubernetes container runtime.
NUTANIX, INC. 
