Nutanix’s $350 Million Share Repurchase Plan – Buyback Wednesdays

Key Insights

• Nutanix’s shift from hardware to a SaaS deployment model, along with a strategic emphasis on hybrid multi-cloud offerings, positions the company for growth.
• The recent global partnership with Cisco (CSCO) is aimed at accelerating customers’ adoption of hybrid multi-cloud solutions.
• Nutanix (NTNX) surpasses fiscal Q4 expectations, despite challenging economic conditions.

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