Nutanix jumps on Q4 results beat

Nutanix jumps on Q4 results beat







Nutanix jumps on Q4 results beat


















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Reuters

Nutanix jumps on Q4 results beat



BUZZ-Nutanix jumps on Q4 results beat

** Shares of cloud services company Nutanix NTNX.O rise 16.7% to $61 premarket

** Co posts Q4 revenue of 548 mln vs Wall Street estimate of $536.9 mln – LSEG data

** Quarterly adj. EPS of $0.27 beat market view of $0.20

** Co sees Q1 2025 revenue between $565 mln and $575 mln vs average analyst estimate of $574.9 mln

** NTNX forecasts FY 2025 revenue in the range of $2.44 bln-$2.47 bln vs consensus of $2.45 bln

** 14 of 18 brokerages rate the stock “buy” or higher, four “hold”; their median PT is $75 – LSEG data

** Up to last close, stock up 9.7% YTD

Reporting by Khushi Singh in Bengaluru

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