Nutanix (NASDAQ:NTNX), a leader in private, hybrid and multicloud computing, today announced that Mercedes-Benz do Brasil Ltda., has chosen the Nutanix cloud platform to digitally transform their IT infrastructure.
During Q3, Nutanix's (NASDAQ:NTNX) reported sales totaled $344.51 million. Despite a 15.57% in earnings, the company posted a loss of $180.57 million. Nutanix collected $346.38 million in revenue during Q2, but reported earnings showed a $156.25 million loss.
Stephens & Co. boosted the price target for Chipotle Mexican Grill, Inc. (NYSE: CMG) from $1,600 to $1,700. Chipotle shares fell 0.1% to close at $1,345.81 on Wednesday.