Personal Computing Sales Through Distribution Return to Growth, Driven by AI PCs, According to the IDC North America Distribution Tracker, Powered by GTDC [Yahoo! Finance]
Nutanix, Inc. - Class A (NTNX)
Last nutanix, inc. - class a earnings: 2/26 04:02 pm
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Source: Yahoo! Finance
2024 (2Q24), according to the International Data Corporation ( IDC North America Distribution Tracker (NADT). As expected, Network Infrastructure sales saw a double-digit decline from record highs in 2023 after clearing backlogs from previous years. Fortunately, this was offset by close to 10% year-over-year growth in both Personal Computing and Software sales. "Market transitions to AI centric processes will place less emphasis on network infrastructure build out and more on developing endpoint, software, and storage cornerstones with associated growth also expected in support frameworks and services," said Ruth Flynn , research vice president, Data & Analytics at IDC. The Personal Computing product group moved back into the number one spot for sales at $3.9 billion in 2Q24 with healthy year-over-year growth of 9.9%. AI PCs generated 17.8% of second quarter PC revenues and grew 33% compared to 1Q24. Apple and Microsoft have experienced successful adoption of AI PCs with their rev
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News
- Nutanix, Inc. (NTNX): An Under The Radar AI Stock You Should Pay Attention To [Yahoo! Finance]Yahoo! Finance
- Nutanix, Inc. (NASDAQ: NTNX) had its price target raised by analysts at Northland Securities from $71.00 to $74.00. They now have a "market perform" rating on the stock.MarketBeat
- Indonesia System Integrator Markets, 2020-2023 & 2024-2030: Companies, Analysis, Industry Growth, Forecast Size, Value, Share, Revenue & Trends [Yahoo! Finance]Yahoo! Finance
- Nutanix to Present at Upcoming Investor ConferenceBusiness Wire
- US pending home sales, Nutanix CEO, consumer environment: Catalysts [Yahoo! Finance Canada]Yahoo! Finance Canada
NTNX
Earnings
- 8/28/24 - Beat
NTNX
Sec Filings
- 9/3/24 - Form 8-K
- 8/28/24 - Form 8-K
- 8/27/24 - Form 4
- NTNX's page on the SEC website