fourth quarter

Nutanix (NTNX) Down 2.7% Since Last Earnings Report: Can It Rebound?

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Nutanix (NTNX) Down 2.7% Since Last Earnings Report: Can It Rebound?

A month has gone by since the last earnings report for Nutanix (NTNX). Shares have lost about 2.7% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Nutanix due for a breakout? Before we dive into how investors and analysts have … Read more

Reasons for Nutanix’s Soaring Share Prices Today

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Reasons for Nutanix’s Soaring Share Prices Today

Shares of Nutanix (NASDAQ: NTNX) surged by 27% after the enterprise hybrid cloud provider reported better-than-expected fiscal fourth-quarter earnings. The company posted revenue of $299.9 million, beating analysts’ estimates of $294 million. Adjusted net loss was $105.8 million, or $0.57 per share, compared to consensus expectations of $0.64 per share in adjusted losses. The company’s … Read more