What to Expect from Nutanix (NTNX) this Earnings Season

What to Expect from Nutanix (NTNX) this Earnings Season

Nutanix (NTNX) is set to announce its second-quarter fiscal 2022 results on Mar 2, with revenue expected to be between $400-$410 million. Analysts estimate revenues to hit $407.9 million, representing a 17.8% growth from the previous year. The projected loss per share is 21 cents, showing a significant improvement from a year ago. Nutanix has … Read more

What is the reason behind Nutanix’s (NTNX) 0.2% increase since the last earnings report?

What is the reason behind Nutanix’s (NTNX) 0.2% increase since the last earnings report?

Nutanix recently reported third-quarter fiscal 2024 earnings that exceeded expectations, with non-GAAP earnings of 28 cents per share and revenues rising to $524.6 million. The company’s top line growth was driven by increased demand for its hyper-converged infrastructure software and hybrid multi-cloud solutions. During the quarter, Nutanix added 490 customers, totaling 25,860 clients. The company’s … Read more

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