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Nutanix's Big Transition Is Starting to Pay Off

TheMotleyFool

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Nutanix's Big Transition Is Starting to Pay OffPhoto, wide shot, wide-angle lens, Networking equipment supplier, sunset photo at golden hour, photo by Marc Adamus: https://img.midjourneyapi.xyz/temp/66e3509e-f4c6-4a7b-8e88-53fcc02cf17f.png

For years, Nutanix (NASDAQ: NTNX) posted sluggish top-line growth as the company transitioned to a subscription software model and then shifted its sales focus to annual contract value rather than total contract value, which allows for more upsell and new products.

The fruits of those efforts finally seem to be paying off as the company's fourth-quarter earnings report shows. In this episode of "Beat & Raise" on Motley Fool Live, recorded on Sept. 1, Fool contributors Jeremy Bowman and Jason Hall break down the report and discuss what's next for the cloud stock.

Source Fool.com

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