Nimble Storage’s drive for profitability took a major hit last quarter. Nimble, which was believed to be one of the smaller competitors eating away at large storage vendors’ sales, won’t hit
Now that Nimble Storage is growing revenue from its Fibre Channel support, it’s time for Nimble executives to think about what they will add next.
Nimble Storage continued its pattern of revenue growth that outpaces the industry by a wide margin while running up more losses last quarter. In its third quarter as a public company, Nimble reported revenue of $59 million for 77 percent year-over-year growth. It lost $9.7 million, more than...