![nutani next nutani next](https://multicomputos.com/wp-content/uploads/2019/07/n4scEJg3.jpg)
However, these are both on a trajectory towards positive and consistent territory.
![nutani next nutani next](https://www.mtechsystems.co.uk/wp-content/uploads/2018/03/nutanix-next-2018-2.jpg)
I believe this could be the company's breakout quarter where investors return to the mindset of Nutanix being a high teens to 20% revenue growth company over time.
#NUTANI NEXT LICENSE#
Management laid out strong growth trajectories for both revenue and margins during their recent analyst day and it appears the company is moving past their transition phase (moving hardware and license revenue out of the equation).įQ4 revenue came in 7-8% above consensus expectations and revenue growth finally showed the long-term potential, growing 19%. Nevertheless, it appears faster growth and a potential re-rating is in the future. Despite the stock going public at $16, it initially popped to nearly $40, thus the lifetime-to-date returns are essentially flat. The stock is up nearly 20% so far this year including a 40%+ run from the company's low point during the year. For that reason, revenue growth has been under a lot of pressure, though the underlying ACV metrics have remained quite strong. As you can imagine, revenue growth took quite a hit as the company shed their lumpy license revenue in favor of the more recurring subscription revenue.