Nutanix (NTNX) Reports Better-than-Expected Q1 Loss and Revenue Growth

Nutanix (NTNX) Reports Better-than-Expected Q1 Loss and Revenue Growth

Nutanix recently reported its first-quarter fiscal 2022 financial results, with a non-GAAP loss of 22 cents per share, narrower than expected. The company’s revenues of $378.5 million also beat estimates, showing a 21% increase from the year-ago quarter. Nutanix’s Annual Contract Value billings saw a significant jump of 33% during the quarter, marking the highest … Read more