It had recovered to just above $17 and crashed again, down 15%, thanks to Nimble.Predicts and prevents issues to help deliver 99.9999% guaranteed availability %22%3Ca%20href%3D%22https%3A%2F%2Fand resolves 86% of issues %22%3Ca%20href%3D%22https%3A%2F%2Fbefore you even know there’s a problem. The issue is that the storage is either reporting the wrong stats to vCenter or vCenter is using the wrong stats. 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 year marks HPE's 9th time receiving this recognition, making us one of only a small group of companies that have achieved such high marks throughout this program’s 10. HPE 3PAR had an interesting feature called Direct Attach aka FlatSAN, that allows to connect your 3PAR array directly. Points of Light has recognized HPE as one of the 50 most community-minded companies in America in 2022 based on The Civic 50 survey. Some time ago I replaced my HPE 3PAR 7400 array in my homelab with a new HPE Nimble storage array HF20. It specializes in producing hardware and software products for data storage, particularly data storage arrays that utilize the iSCSI and Fibre Channel protocols, and includes data backup and data protection features. Others lowered their price targets like Sterne Agee CRT, Jeffries, and Piper Jaffray. HPE picked May 4th aka Star Wars day (hoping that the force be with them) for their big storage announcement for 2021. Nimble Storage, founded in 2008, is a subsidiary of Hewlett Packard Enterprise. 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. Elevate your storage experience with all HPE Nimble storage flash array storage that’s radically simple, built for cloud and guaranteed to deliver 99.9999 availability. 2' Redefining the standard for system availability ,' Hewlett Packard Enterprise, August 2017. The storage market is packed with players and there's a price war going on, said CEO Suresh Vasudevan on the quarterly conference call. 1' HPE Get 6-Nines Guarantee, HPE Nimble Storage ,' September 2017. 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. Hybrid array vendor Nimble Storage went public Friday in what is, as Wall Street measures it, one of the more successful IPOs of recent memory. Enjoy best-in-class data efficiencyguaranteed. ![]() HPE Nimble Storage has proven availability of 99.9999 across its installed base and we guarantee that for every customer, and every array. That was was up 37% percent over the year ago quarter, but analysts were looking for about $87.4 million, according to Seeking Alpha. Say goodbye to unplanned downtime, performance compromises, and missed SLAs. Revenue came in at $80.73 million for the quarter. Nimble wasnt able to accomplish that so we stuck with Unitrends for our entire backup solution and let Nimble just work as our storage. We needed to be able to replicate and power on individual VMs in our DR locations for testing. ![]() It missed expectations on revenue and profit. We do have a Nimble and use Unitrends but we dont use the Nimble snapshots. 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.
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