New York Jets quarterback Aaron Rodgers discussed his NFL future during a Tuesday appearance on “The Pat McAfee Show.” “I feel like I’ve been kind of year to year,” Rodgers said during the interview. “Obviously last year getting hurt, my whole focus was trying to get back to the end of the season and then getting back for this season. Again, when you’re 40 going on 41, you’re obviously at the end of your career. Advertisement “So there’s a lot of things that, obviously, if it’s New York, they have to want me to be here, and then the new GM, new staff all have to want me to be with the Jets. And then body-wise I’ve got to see how I’m feeling and if I want to sign up to go back to the grind and all that. But it feels good. I’m healthy now. It’s not as much fun when you’re dealing with the kind of rehab time all the time.” Rodgers, who turns 41 on Dec. 2, is a four-time NFL MVP and Super Bowl champion with the Green Bay Packers , but his play has fallen off this season, his 20th in the NFL. He has started every game for the Jets in 2024, returning from an Achilles injury that ended his 2023 season after just four snaps. Rodgers has completed 63.4 percent of his passes for 2,442 yards, 17 touchdowns to seven interceptions through 11 games, putting him on a statistical pace far short of his best seasons. The Jets are 3-8 and likely to miss the playoffs for a 14th consecutive season, the longest playoff drought in the major North American sports leagues. The team fired general manager Joe Douglas last week after firing head coach Robert Saleh in October. The Athletic ’s Dianna Russini and Zack Rosenblatt reported last week that Jets owner Woody Johnson suggested to coaches that Rodgers be benched after the team’s Sept. 29 loss to the Denver Broncos dropped their record to 2-2. “If I can stay healthy the rest of the year, and play the way I want to play and everybody feels good about bringing me back, then there’s a decision there,” Rodgers said on Tuesday’s show. “And if not, then there’s all the other options. I think this one I’m open to everything and attached to nothing, so it’s a good place to be.” The Jets, who were on bye last week, host the Seattle Seahawks on Sunday. Required reading (Photo: Luke Hales / Getty Images)The AP Top 25 men’s college basketball poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . CONWAY, Ark. (AP) — Elias Cato scored 23 points as Central Arkansas beat UNC Asheville 92-83 in double overtime on Sunday. Jordan Morris made two free throws with one second left for UNC Asheville (2-3) to force overtime tied at 71. Fletcher Abee’s 3-pointer with 33 seconds left in the first overtime tied the game at 79 and led to the second extra period. Michael Evbagharu’s layup gave Central Arkansas (2-4) the lead in the second OT and Cato followed with a 3-pointer as the Bears outscored the Bulldogs 21-12 to pull out the victory. Cato added nine rebounds for the Bears. Layne Taylor totaled 19 points, seven assists, six rebounds and five steals. Brayden Fagbemi pitched in with 19 points, seven assists and five steals. The Bulldogs (2-3) were led by Fletcher Abee, who recorded 27 points. UNC Asheville also got 17 points from Josh Banks. Toyaz Solomon finished with 15 points, 15 rebounds and three blocks. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
Delivers Outperformance Across All First Quarter Guided Metrics Reports 18% YoY ARR Growth and Strong Free Cash Flow SAN JOSE, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Nutanix, Inc. (NASDAQ: NTNX ), a leader in hybrid multicloud computing, today announced financial results for its first quarter ended October 31, 2024. “During our first quarter we delivered outperformance across our guided metrics,” said Rajiv Ramaswami, President and CEO of Nutanix. “We also continued to bring innovations to the market supporting our vision of becoming the leading platform for running apps and managing data, anywhere, while strengthening our partner ecosystem.” “Our first quarter results demonstrated a good balance of top and bottom line performance with 18% year-over-year ARR growth and strong free cash flow generation,” said Rukmini Sivaraman, CFO of Nutanix. “We remain focused on delivering sustainable, profitable growth.” First Quarter Fiscal 2025 Financial Summary Reconciliations between GAAP and non-GAAP financial measures and key performance measures, to the extent available, are provided in the tables of this press release. Recent Company Highlights Nutanix Expands Partnership with AWS: Nutanix announced an expanded strategic collaboration with Amazon Web Services, Inc. (AWS) that will offer access to AWS services for customers looking to migrate to NC2 on AWS. As part of the collaboration, customers will gain access to promotional credits from AWS to support customer migrations and proof-of-concept trials, as well as Nutanix licensing promotions. Nutanix is Named a Leader in 2024 Gartner® Magic QuadrantTM for Distributed Hybrid Infrastructure: Nutanix announced its recognition as a Leader in the 2024 Gartner® Magic QuadrantTM for Distributed Hybrid Infrastructure. Nutanix believes this recognition is due to the company’s vision and investments in the integration of edge, private and public clouds, as well as having a platform that supports both cloud native and traditional applications. Nutanix is Positioned Furthest in Vision Among All Vendors in 2024 Gartner® Magic QuadrantTM for File and Object Storage Platforms: Nutanix announced it is positioned furthest in Vision among all vendors in the 2024 Gartner® Magic QuadrantTM for File and Object Storage Platforms. Nutanix believes this recognition is due to the company’s strong vision for an enterprise storage platform that unifies unstructured data across edge, public and private clouds. Nutanix Extends AI Platform to Public Cloud : Nutanix announced that it extended the company's AI infrastructure platform with a new cloud native offering, Nutanix Enterprise AI (NAI), that can be deployed on any Kubernetes platform, at the edge, in core data centers and on public cloud services like AWS EKS, Azure AKS, and Google GKE. Second Quarter Fiscal 2025 Outlook Fiscal 2025 Outlook Supplementary materials to this press release, including our first quarter fiscal 2025 earnings presentation, can be found at https://ir.nutanix.com/financial/quarterly-results . Webcast and Conference Call Information Nutanix executives will discuss the Company’s first quarter fiscal 2025 financial results on a conference call today at 4:30 p.m. Eastern Time/1:30 p.m. Pacific Time. Interested parties may access the conference call by registering at this link to receive dial in details and a unique PIN number. The conference call will also be webcast live on the Nutanix Investor Relations website at ir.nutanix.com . An archived replay of the webcast will be available on the Nutanix Investor Relations website at ir.nutanix.com shortly after the call. Footnotes 1 Annual Recurring Revenue , or ARR , for any given period, is defined as the sum of ACV for all subscription contracts in effect as of the end of a specific period. For the purposes of this calculation, we assume that the contract term begins on the date a contract is booked, unless the terms of such contract prevent us from fulfilling our obligations until a later period, and irrespective of the periods in which we would recognize revenue for such contract. Excludes all life-of-device contracts. ACV is defined as the total annualized value of a contract. The total annualized value for a contract is calculated by dividing the total value of the contract by the number of years in the term of such contract. Excludes amounts related to professional services and hardware. 2 Average Contract Duration represents the dollar-weighted term, calculated on a billings basis, across all subscription contracts, as well as our limited number of life-of-device contracts, using an assumed term of five years for life-of-device licenses, executed in the period. 3 Weighted average share count used in computing diluted non-GAAP net income per share. Non-GAAP Financial Measures and Other Key Performance Measures To supplement our consolidated financial statements, which are prepared and presented in accordance with GAAP, this press release includes the following non-GAAP financial and other key performance measures: non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP operating margin, free cash flow, Annual Recurring Revenue (or ARR), and Average Contract Duration. In computing non-GAAP financial measures, we exclude certain items such as stock-based compensation and the related income tax impact, costs associated with our acquisitions (such as amortization of acquired intangible assets, income tax-related impact, and other acquisition-related costs), restructuring charges, litigation settlement accruals and legal fees related to certain litigation matters, the amortization and conversion of the debt discount and issuance costs related to convertible senior notes, interest expense related to convertible senior notes, and other non-recurring transactions and the related tax impact. Non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, and non-GAAP operating margin are financial measures which we believe provide useful information to investors because they provide meaningful supplemental information regarding our performance and liquidity by excluding certain expenses and expenditures such as stock-based compensation expense that may not be indicative of our ongoing core business operating results. Free cash flow is a performance measure that we believe provides useful information to our management and investors about the amount of cash generated by the business after capital expenditures, and we define free cash flow as net cash provided by (used in) operating activities less purchases of property and equipment. ARR is a performance measure that we believe provides useful information to our management and investors as it allows us to better track the topline growth of our subscription business because it takes into account variability in term lengths. We use these non-GAAP financial and key performance measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. However, these non-GAAP financial and key performance measures have limitations as analytical tools and you should not consider them in isolation or as substitutes for analysis of our results as reported under GAAP. Non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP operating margin, and free cash flow are not substitutes for gross margin, operating expenses, operating income (loss), operating margin, or net cash provided by (used in) operating activities, respectively. There is no GAAP measure that is comparable to ARR or Average Contract Duration, so we have not reconciled the ARR or Average Contract Duration data included in this press release to any GAAP measure. In addition, other companies, including companies in our industry, may calculate non-GAAP financial measures and key performance measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of our non-GAAP financial measures and key performance measures as tools for comparison. We urge you to review the reconciliation of our non-GAAP financial measures and key performance measures to the most directly comparable GAAP financial measures included below in the tables captioned “Reconciliation of GAAP to Non-GAAP Profit Measures” and “Reconciliation of GAAP Net Cash Provided By Operating Activities to Non-GAAP Free Cash Flow,” and not to rely on any single financial measure to evaluate our business. This press release also includes the following forward-looking non-GAAP financial measures as part of our second quarter fiscal 2025 outlook and/or our fiscal 2025 outlook: non-GAAP operating margin and free cash flow. We are unable to reconcile these forward-looking non-GAAP financial measures to their most directly comparable GAAP financial measures without unreasonable efforts, as we are currently unable to predict with a reasonable degree of certainty the type and extent of certain items that would be expected to impact the GAAP financial measures for these periods but would not impact the non-GAAP financial measures. Forward-Looking Statements This press release contains express and implied forward-looking statements, including, but not limited to, statements regarding: our business momentum and prospects; our innovations supporting our vision of becoming the leading platform for running applications and managing data, anywhere; strengthening our partner ecosystem; our focus on delivering sustainable, profitable growth; our second quarter fiscal 2025 outlook; and our fiscal 2025 outlook. These forward-looking statements are not historical facts and instead are based on our current expectations, estimates, opinions, and beliefs. Consequently, you should not rely on these forward-looking statements. The accuracy of these forward-looking statements depends upon future events and involves risks, uncertainties, and other factors, including factors that may be beyond our control, that may cause these statements to be inaccurate and cause our actual results, performance or achievements to differ materially and adversely from those anticipated or implied by such statements, including, among others: the inherent uncertainty or assumptions and estimates underlying our projections and guidance, which are necessarily speculative in nature; any failure to successfully implement or realize the full benefits of, or unexpected difficulties or delays in successfully implementing or realizing the full benefits of, our business plans, strategies, initiatives, vision, objectives, momentum, prospects and outlook; our ability to achieve, sustain and/or manage future growth effectively; the rapid evolution of the markets in which we compete, including the introduction, or acceleration of adoption of, competing solutions, including public cloud infrastructure; failure to timely and successfully meet our customer needs; delays in or lack of customer or market acceptance of our new solutions, products, services, product features or technology; macroeconomic or geopolitical uncertainty; our ability to attract, recruit, train, retain, and, where applicable, ramp to full productivity, qualified employees and key personnel; factors that could result in the significant fluctuation of our future quarterly operating results (including anticipated changes to our revenue and product mix, the timing and magnitude of orders, shipments and acceptance of our solutions in any given quarter, our ability to attract new and retain existing end-customers, changes in the pricing and availability of certain components of our solutions, and fluctuations in demand and competitive pricing pressures for our solutions); our ability to form new or maintain and strengthen existing strategic alliances and partnerships, as well as our ability to manage any changes thereto; our ability to make share repurchases; and other risks detailed in our Annual Report on Form 10-K for the fiscal year ended July 31, 2024 filed with the U.S. Securities and Exchange Commission, or the SEC, on September 19, 2024. Additional information will be set forth in our Quarterly Report on Form 10-Q for the fiscal quarter ended October 31, 2024, which should be read in conjunction with this press release and the financial results included herein. Our SEC filings are available on the Investor Relations section of our website at ir.nutanix.com and on the SEC's website at www.sec.gov. These forward-looking statements speak only as of the date of this press release and, except as required by law, we assume no obligation, and expressly disclaim any obligation, to update, alter or otherwise revise any of these forward-looking statements to reflect actual results or subsequent events or circumstances. About Nutanix Nutanix is a global leader in cloud software, offering organizations a single platform for running applications and managing data, anywhere. With Nutanix, companies can reduce complexity and simplify operations, freeing them to focus on their business outcomes. Building on its legacy as the pioneer of hyperconverged infrastructure, Nutanix is trusted by companies worldwide to power hybrid multicloud environments consistently, simply, and cost-effectively. Learn more at www.nutanix.com or follow us on social media @nutanix. © 2024 Nutanix, Inc. All rights reserved. Nutanix, the Nutanix logo, and all Nutanix product and service names mentioned herein are registered trademarks or unregistered trademarks of Nutanix, Inc. (“Nutanix”) in the United States and other countries. Other brand names or marks mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s). This press release is for informational purposes only and nothing herein constitutes a warranty or other binding commitment by Nutanix. Investor Contact: Richard Valera ir@nutanix.com Media Contact: Lia Bigano pr@nutanix.com _____________ (1) Includes the following stock-based compensation expense: (2) Includes the following amortization of intangible assets: _____________ (1) Included within other assets—non-current in the condensed consolidated balance sheets. Subscription revenue — Subscription revenue includes any performance obligation which has a defined term, and is generated from the sales of software entitlement and support subscriptions, subscription software licenses and cloud-based software-as-a-service, or SaaS, offerings. Ratable — We recognize revenue from software entitlement and support subscriptions and SaaS offerings ratably over the contractual service period, the substantial majority of which relate to software entitlement and support subscriptions. Upfront — Revenue from our subscription software licenses is generally recognized upfront upon transfer of control to the customer, which happens when we make the software available to the customer. Professional services revenue — We also sell professional services with our products. We recognize revenue related to professional services as they are performed. Other non-subscription product revenue — Other non-subscription product revenue includes $8.1 million and $1.9 million of non-portable software revenue for the three months ended October 31, 2023 and 2024, respectively, and $0.6 million and $1.1 million of hardware revenue for the three months ended October 31, 2023 and 2024, respectively. Non-portable software revenue — Non-portable software revenue includes sales of our platform when delivered on a configured-to-order appliance by us or one of our OEM partners. The software licenses associated with these sales are typically non-portable and can be used over the life of the appliance on which the software is delivered. Revenue from our non-portable software products is generally recognized upon transfer of control to the customer. Hardware revenue — In the infrequent transactions where the hardware appliance is purchased directly from Nutanix, we consider ourselves to be the principal in the transaction and we record revenue and costs of goods sold on a gross basis. We consider the amount allocated to hardware revenue to be equivalent to the cost of the hardware procured. Hardware revenue is generally recognized upon transfer of control to the customer. _____________ (1) Stock-based compensation expense (2) Amortization of intangible assets (3) Legal fees (4) Other (5) Amortization of debt issuance costs related to convertible senior notes (6) Income tax effect primarily related to stock-based compensation expense (7) Includes 22,273 potentially dilutive shares related to convertible senior notes and the issuance of shares under employee equity incentive plans _____________ (1) Stock-based compensation expense (2) Amortization of intangible assets (3) Legal fees (4) Amortization of debt discount and issuance costs and interest expense related to convertible senior notes (5) Other (6) Income tax effect primarily related to stock-based compensation expense (7) Includes 51,371 potentially dilutive shares related to convertible senior notes and the issuance of shares under employee equity incentive plansTrump taps Charles Kushner, father of his son-in-law, as envoy to France
K-12 Technology Spend Market to Set an Explosive Growth in Near Future | Microsoft, Apple, Lenovo
Chuck Woolery, smooth-talking game show host of 'Love Connection' and 'Scrabble,' dies at 83
Wild return to the ice rested and, they hope, a little healthier
Investors with a lot of money to spend have taken a bullish stance on Quantum Computing QUBT . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with QUBT, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga 's options scanner spotted 19 uncommon options trades for Quantum Computing. This isn't normal. The overall sentiment of these big-money traders is split between 42% bullish and 31%, bearish. Out of all of the special options we uncovered, 9 are puts, for a total amount of $455,775, and 10 are calls, for a total amount of $688,739. Expected Price Movements Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $12.5 to $25.0 for Quantum Computing over the recent three months. Analyzing Volume & Open Interest In terms of liquidity and interest, the mean open interest for Quantum Computing options trades today is 2280.4 with a total volume of 9,055.00. In the following chart, we are able to follow the development of volume and open interest of call and put options for Quantum Computing's big money trades within a strike price range of $12.5 to $25.0 over the last 30 days. Quantum Computing Option Activity Analysis: Last 30 Days Noteworthy Options Activity: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume QUBT CALL SWEEP BULLISH 01/24/25 $4.5 $4.4 $4.5 $20.00 $137.0K 876 308 QUBT CALL SWEEP BULLISH 01/17/25 $3.7 $3.5 $3.7 $18.00 $111.0K 1.7K 527 QUBT CALL SWEEP BULLISH 01/10/25 $3.2 $2.95 $3.2 $18.00 $96.0K 372 489 QUBT PUT TRADE BULLISH 01/17/25 $5.6 $5.4 $5.45 $20.00 $92.6K 1.5K 823 QUBT PUT SWEEP BULLISH 01/17/25 $5.6 $5.5 $5.5 $20.00 $82.6K 1.5K 1.1K About Quantum Computing Quantum Computing Inc is an American company utilizing non-linear quantum optics (optical devices whose output due to quantum effects is exponentially, not linearly, related to inputs) to deliver quantum products for high-performance computing applications. QCi's products are designed to operate at room temperature and use low power at an affordable cost. The Company's portfolio of core technology and products offer new capabilities in the areas of high-performance computing, artificial intelligence, cyber security as well as remote sensing applications. In light of the recent options history for Quantum Computing, it's now appropriate to focus on the company itself. We aim to explore its current performance. Present Market Standing of Quantum Computing With a volume of 33,862,378, the price of QUBT is down -4.95% at $18.29. RSI indicators hint that the underlying stock may be overbought. Next earnings are expected to be released in 94 days. Turn $1000 into $1270 in just 20 days? 20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access . Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Quantum Computing with Benzinga Pro for real-time alerts. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Chuck Woolery, smooth-talking game show host of 'Love Connection' and 'Scrabble,' dies at 83
Enterprise Group Announces $20 Million Bought Deal Public OfferingSAO PAULO (Reuters): Brazilian meatpackers have reportedly stopped supplying meat to the Carrefour group in Brazil after the retailer’s global CEO vowed to keep South American meat off its shelves in France in solidarity with French farmers, according to local media reports that cited anonymous industry sources. One of the reports said the interruption in meat supplies has already affected 150 stores of the retailer in Brazil, naming JBS and Marfrig among the companies which allegedly interrupted deliveries. Carrefour dismissed the reports as “unfounded.” The French retailer told Reuters on Sunday that meat supplies are normal at its local stores, denying any shortages and calling the reports “misinformation.” Meat lobby ABPA, which represents large Brazilian pork and chicken processors, did not have an immediate comment. JBS and Marfrig declined to comment. Beef industry group Abiec did not confirm the interruption of supplies, referring to a previous statement last week in which it called Carrefour’s plan to ban South American meat as “contradictory.” Abiec said Carrefour Brasil operates 1,200 stores in the country that sell mostly domestic beef. Brazil’s government also blasted Carrefour for the plan to ban South American meat. Brazilian Agriculture Minister Carlos Favaro called the pledge part of an “orchestrated action” by French companies to sabotage the trade pact between the European Union and Mercosur nations. In a social media post addressed to leaders of France’s farm lobbies, Carrefour’s CEO Alexandre Bompard said the EU-Mercosur deal presented the “risk of meat production spilling over into the French market (and) failing to meet its requirements and standards.” “Carrefour’s adoption of a protectionist stance in defense of French farmers undermines its own business and exposes the European market to shortage risks,” Abiec said in reaction to Bompard’s post.
David-Chyddy Eleke in Awka Police in Anambra State have arrested a couple for allegedly using voice notes and messages sent to residents to extort them, after threatening to kidnap or kill them. Police Spokesperson in Anambra, SP Tochukwu Ikenga, said the couple whose names were given as Mr Okoye Kingsley and Mrs Chidinma Okoye had in their possession diverse sim cards, which they use to carry out their plans. He said: “Given reports of text messages and voice notes received by unsuspecting members of the public on threats of abduction and kidnap, the Joint Security Force comprising the Police and AVG acting on technology-driven information in the early hours of today 29/11/2024 arrested a couple. “The couple, one Mr. Okoye Kingsley aged 36 years and Mrs Chidinma Okoye aged 27 years respectively were arrested in Ozubulu, Ekwusigo Local Government Area of Anambra State with phones and sim cards. “The couple specialises in sending threatening messages to people and demanding ransom or they shall be abducted or killed. They all confessed to the crime and admitted to destroying some of the sim cards which they had earlier used to commit the crimes.” Ikenga said the State Commissioner of Police, CP Nnaghe Obono Itam has directed the immediate transfer of the case to the Anti-Kidnapping/Robbery Squad of the Command for comprehensive investigations while the accused persons shall be charged to court on conclusion of the investigations.
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