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Nutanix's valuation surges as shift to recurring revenue continues

26 November 2019 • 2 min read

The hyper-converged giant said that its transformation to a sole subscription billing model has both helped sales and taken a chunk out of profits

Nutanix has seen its shares jump 15 per cent in after-hours trading, after it reported better than expected earnings for its Q1 on Monday. Sales for the US hyper-converged infrastructure vendor ...

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Cisco: Q3 revenue down 13 per cent in line with expectations, exec shuffle puts former Splunk CEO in president role

Jeff Sharritts is departing the networking giant after more than 20 years, meanwhile some of Splunk’s benefits to Cisco are coming through in the quarterly revenue numbers

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