![]() ![]() It had recovered to just above $17 and crashed again, down 15%, thanks to Nimble. ![]() Pure went public last month in an IPO that flopped, finishing the day at about $16, below its initial price of $17. Investors have also become even more scared off of newly public company Pure Storage, fearing the price wars could hurt its business, too. This enables you to unlock hybrid cloud use cases from test/dev and production to analytics and data protection. Leverage a multi-cloud flash fabric with HPE Nimble Storage and HPE Cloud Volumes for seamless, bi-directional data mobility between on-prem and cloud resources. On top of that, it's taking Nimble longer to close contracts with new customers than it expected.ĭowngrades poured down on Nimble by Friday, including from Barclays, RBC Capital, UBS, Wunderlich, Stifel, Oppenheimer, and Pacific Crest, reports 24/7 Wall Street. Others lowered their price targets like Sterne Agee CRT, Jeffries, and Piper Jaffray. Enable seamless data mobility across clouds. Snapshots are small and easy to schedule and restore from. Replication is fast and pretty lean for storage replication. The storage market is packed with players and there's a price war going on, said CEO Suresh Vasudevan on the quarterly conference call. Simple to use interface Anyone can use it to create volumes, snapshots, and clones and anyone can restore or clone a snapshot to recover data if needed. (NYSE:NMBL) institutional ownership structure shows current positions in the company by institutions and funds, as well as latest changes. The street wanted to hear $99.2 million in revenue with breakeven results on the bottom line.īut what's really killing Nimble is the reason it gave for the losses: Its competitors. Nimble reported a loss of $0.14/share, deeper than the loss of $0.08 a share that analysts were expecting.Īnd Q4 estimates were below analysts expectations, too, for a quarter when analysts expected it to hit break-even: Nimble expects to hit Q4 revenue of $87 million - $90 million and a loss of $0.11 to $0.13 a share. ![]() That was was up 37% percent over the year ago quarter, but analysts were looking for about $87.4 million, according to Seeking Alpha. That being said, I am connecting my PC directly to the management interface. I am trying to get SSHd into it to begin the setup. Revenue came in at $80.73 million for the quarter. Nimble SAN Hi Folks, I recently acquired my first (used) Nimble SAN. It missed expectations on revenue and profit. Nimble reported its Q3 after the market closed on Thursday and it was full of disappointing news. Nimble Storage's stock is getting pounded on Friday, and it's taking newly public Pure Storage down with it. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright. Account icon An icon in the shape of a person's head and shoulders. Volume collections are logical groups of volumes that share protection characteristics such as snapshot and replication schedules. ![]()
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