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BOSTON - Leostream Corporation has renewed its alliance with Nutanix (NASDAQ:NTNX), a $18.7 billion market cap company with impressive 86.81% gross margins, to deliver virtual desktop infrastructure (VDI) solutions combining the Leostream Platform with Nutanix AHV enterprise virtualization, according to a press release statement. InvestingPro data shows Nutanix maintaining strong financial health with consistent revenue growth of 18.11% over the last twelve months.
The Leostream Platform has received the Nutanix Ready AHV designation, validated on Nutanix AHV 10.3. The integration aims to provide enterprises with VDI capabilities for on-premise and remote users.
The joint solution utilizes Nutanix’s hyperconverged infrastructure to reduce complexity in large-scale VDI deployments, particularly in sectors with demanding applications such as scientific research, financial services, and broadcast/entertainment.
"Leostream has significantly upgraded our platform, with features and enhancements that benefit Nutanix users," said Randy Foster, Leostream VP of Sales and Alliances.
With this renewed alliance, Leostream rejoins the Nutanix Elevate Technology Alliance Program, which validates multi-product solutions to ensure interoperability for customers.
The Leostream Remote Desktop Access Platform provides connection management capabilities that eliminate the need for corporate VPNs through a gateway system that restricts user access to authorized resources only.
Leostream Corporation develops digital workspace management solutions and has been operating in the hosted desktop environment sector for over 20 years, according to the company.
In other recent news, Nutanix reported impressive fourth-quarter fiscal results, with a 19.2% increase in revenue, surpassing the consensus estimate of 17.6%. The company’s operating income margin reached 18.3%, exceeding expectations and coming in 230 basis points above its guidance. Despite these strong financial results, BofA Securities adjusted its price target for Nutanix to $93, citing higher expenses, but maintained a Buy rating. In contrast, KeyBanc held its Overweight rating with a $95 price target, reflecting confidence in the company’s performance.
Meanwhile, Piper Sandler reiterated its Overweight rating with an $88 price target, acknowledging challenges such as fiscal fourth-quarter billings and concerns about fiscal year 2026 expectations. Northland downgraded Nutanix from Outperform to Market Perform, expressing concerns over the anticipated tailwind from VMware customer migrations, as Red Hat becomes more competitive. Additionally, Nutanix announced the appointment of former Intel CTO Greg Lavender to its board of directors, effective September 17, 2025. Lavender brings over 40 years of technology experience, adding significant expertise to the company’s leadership.
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