NUTANIX, INC. (NASDAQ:NTNX) Files An 8-K Results of Operations and Financial Condition

Nutanix, Inc. ExhibitEX-99.1 2 a51905110ex99_1.htm EXHIBIT 99.1 Exhibit 99.1 Nutanix Reports First Quarter Fiscal 2019 Financial Results –Software and Support Billings Grow 50% YoY to $351 Million –Company Evolves Toward a Recurring Revenue Model with 51% of Billings from Subscriptions–Up from 31% in the Year-Ago Period –Subscription Revenue Up 104% YoY to $127 Million SAN JOSE,…To view the full exhibit click here
About NUTANIX, INC. (NASDAQ:NTNX)
Nutanix, Inc. is a United States-based company, which provides an enterprise cloud platform that converges silos of server, virtualization and storage into an integrated solution. The Company’s enterprise cloud platform connects to public cloud services. It has operations in the United States; Europe, the Middle East and Africa; Asia-Pacific, and Other Americas. Its solution consists of software product families, including Acropolis and Prism. Its solution is delivered on commodity x86 servers. Acropolis includes its Distributed Storage Fabric that delivers enterprise-grade data management features. Acropolis also includes a built-in hypervisor, and its Application Mobility Fabric that enables application placement, conversion and migration across various hypervisors, and between public and private clouds. Prism delivers integrated virtualization and infrastructure management, operational analytics and a suite of one-click administration capabilities.