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    NTNX   US67059N1081

NUTANIX, INC.

(NTNX)
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Delayed Quote. Delayed Nasdaq - 10/22 04:00:00 pm
35.89 USD   -2.66%
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Nutanix : Appoints Adam Tarbox as Vice President of EMEA Channel Sales; Hybrid Multicloud Leader Continues Channel Investment with Strategic Hire To Drive Company Growth

09/16/2021 | 10:16am EDT

London, UK - - Nutanix (NASDAQ:NTNX), a leader in hybrid multicloud computing, today announced the promotion of Adam Tarbox to Vice President of EMEA Channel Sales. This senior promotion demonstrates Nutanix's continued investment in the channel as it looks to accelerate the company to its next level of growth and support partners and customers in their journey to hybrid multicloud.

In this role, Tarbox will lead all routes to market, spearheading channel activities in all the European countries, Middle East and Africa region and will draw upon his extensive industry experience to play a strategic role in supporting Nutanix's expansion in EMEA. Assuming overall responsibility for Nutanix's go-to-market strategies with resellers, distributors, OEM platform partners, system integrators and technology partners in the EMEA region, he will be key in driving the continued growth and success of the company's already enviable channel and alliance ecosystem.

Commenting on his appointment, Tarbox said: "Partners have and will continue to be an integral part of our success, and I'm inspired by the passion and drive of Nutanix's channel team. My commitment is to listen, learn and lead through our partners so they can continue delivering business outcomes, best-in-class transformational solutions and a digital-first customer experience. I am looking forward to building upon our deep relationships with partners to help reach the next level of mutual growth."

Prior to his new role, Adam was Director of Global System Integrator (GSI) Business for EMEA, where he was responsible for developing and executing an overarching regional alliance strategy for Nutanix's GSI partners. Adam successfully led a team distributed across the EMEA region focused on driving go-to-market activities with GSIs around joint offerings for both horizontal markets and industry verticals.

Christian Alvarez, Senior Vice President of Worldwide Channels at Nutanix said: "As Nutanix continues to transform to a subscription model, we continue to invest in the channel while retaining the best and brightest talent in the industry. Adam has a proven track record of driving transformational change and implementing successful strategies to deliver growth. By harnessing both Adam's strategic abilities and experience, we can enable our partners of today and tomorrow to gain maximum benefit from our highly innovative solutions portfolio." He continued: "I look forward to working closely with Adam to deliver our shared vision of assisting partners to accelerate their business by delivering the freedom of choice that enables true hybrid multicloud computing. As the channel is going through digital transformation to cloud, Nutanix is one of the only multicloud, multi-product companies carrying the torch to light the way ahead. Adam is the person best suited to do this, while executing on our mission to help both our partners and customers on their journey to hybrid multicloud ."

About Nutanix

Nutanix is a global leader in cloud software and a pioneer in hyperconverged infrastructure solutions, making clouds invisible, freeing customers to focus on their business outcomes. Organizations around the world use Nutanix software to leverage a single platform to manage any app at any location for their hybrid multicloud environments. Learn more at www.nutanix.com or follow us on social media @nutanix.

© 2021 Nutanix, Inc. All rights reserved. Nutanix, the Nutanix logo, and all Nutanix product and service names mentioned herein are registered trademarks or trademarks of Nutanix, Inc. in the United States and other countries. Other brand names mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s). This release may contain links to external websites that are not part of Nutanix.com. Nutanix does not control these sites and disclaims all responsibility for the content or accuracy of any external site. Our decision to link to an external site should not be considered an endorsement of any content on such a site. Certain information contained in this press release may relate to or be based on studies, publications, surveys and other data obtained from third-party sources and our own internal estimates and research. While we believe these third-party studies, publications, surveys and other data are reliable as of the date of this press release, they have not independently verified, and we make no representation as to the adequacy, fairness, accuracy, or completeness of any information obtained from third-party sources.

This release may contain express and implied forward-looking statements, which are not historical facts and are instead based on our current expectations, estimates and beliefs. The accuracy of such statements involves risks and uncertainties and depends upon future events, including those that may be beyond our control, and actual results may differ materially and adversely from those anticipated or implied by such statements. Any forward-looking statements included herein speak only as of the date hereof and, except as required by law, we assume no obligation to update or otherwise revise any of such forward-looking statements to reflect subsequent events or circumstances.

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(C) 2021 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (USD)
Sales 2022 1 601 M - -
Net income 2022 -706 M - -
Net cash 2022 98,5 M - -
P/E ratio 2022 -10,9x
Yield 2022 -
Capitalization 7 688 M 7 688 M -
EV / Sales 2022 4,74x
EV / Sales 2023 3,95x
Nbr of Employees 6 080
Free-Float 96,4%
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Number of Analysts 14
Last Close Price 35,89 $
Average target price 49,67 $
Spread / Average Target 38,4%
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Managers and Directors
Rajiv Ramaswami President, Chief Executive Officer & Director
Duston M. Williams Chief Financial Officer
Virginia Gambale Chairman
Rajiv Mirani Chief Technology Officer
Wendy M. Pfeiffer Chief Information Officer
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