Nutanix Inc. shares fell Thursday on concerns that the hyperconverged-infrastructure company would report below-expectation sales in less than two weeks, but one analyst challenged that assessment. Nutanix NTNX, +1.59% shares dropped as much as 9% to an intraday low of $32.55 at last check.

Is Nutanix in trouble?

Based on the latest financial disclosure, Nutanix has a Probability Of Bankruptcy of 62%. This is 53.24% higher than that of the Technology sector and significantly higher than that of the Software—Infrastructure industry.

Is Nutanix losing money?

Nutanix Inc.'s revenue rose more than expected but the company still logged a loss. The multicloud computing company's loss was $358.2 million, compared with a loss of $185.3 million a year ago. The loss was $1.68 a share, compared with a loss of 93 cents a share.