Why Nutanix Isn’t Done Growing Yet

By Harsh Chauhan

Shares of Nutanix (NASDAQ:NTNX) have been flying high on the stock market this year. The cloud computing specialist is taking advantage of the booming demand for hyper-converged cloud infrastructure, a market that could be worth $12 billion in 2022 thanks to a rapid annual growth rate of 43%.

Nutanix is firmly on track to make the most of this opportunity, as clearly evident from its second-quarter results. Let’s look at how the company performed last quarter and why it probably isn’t done growing yet.

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