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Categories: Hyper-converged Nutanix

Shares of software #hyperconverged company #Nutanix tumbled as much as 15 percent in after-hours trade Thursday, on the heels of current-quarter guidance of a bigger-than-expected loss. The San Jose, California-based company said it expects to report a loss between 45 cents and 48 cents per share on revenue between $180 million to $190 million for the third quarter. Analysts had projeceted a narrower loss of 35 cents a share, according to FactSet. Nutanix also reported second-quarter results Thursday, including a GAAP net loss of $93.2 million, compared to a GAAP net loss of $33.2 million for the same period last year.
http://www.cnbc.com/2017/03/02/nutanix-tanks-15-after-hours-following-poor-guidance.html

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