Nutanix CEO: We’re Building the ‘Uber or Airbnb of the Cloud’

By Annie Gaus

Nutanix (NTNX – Get Report) has been on a growth spurt since going public in September 2016. Shares of the cloud computing firm are up more than 69% since the beginning of this year.

In its earnings release on Thursday, Nutanix beat market projections with $267.9 million in software and support revenue, representing 49% growth year-over-year, and $1.16 billion in total revenue for fiscal 2018, surpassing its goal of $1 billion by the company’s 10th birthday.

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