Shares of hybrid cloud software provider Nutanix (NASDAQ: NTNX) rallied 25.1% in the month of August, according to data from S&P Global Market Intelligence. Nutanix’s fiscal fourth-quarter earnings report, released on Aug. 28, outpaced analyst… Article Source https://finance.yahoo.com/news/why-nutanix-rallied-25-1-140000445.html
Participants Rich Valera; VP, IR; Nutanix Inc Rajiv Ramaswami; President, Chief Executive Officer, Director; Nutanix Inc Rukmini Sivaraman; CFO; Nutanix Inc George Wang; Analyst; Barclays Jim Fish; Analyst; Piper Sandler Meta Marshall; Analyst; Morgan Stanley Ruplu Bhattacharya; Analyst; BofA Global Research Jason Ader; Analyst; William Blair & Company Victor Chiu; Analyst; Raymond James Mike Cikos; … Read more
Nutanix NTNX reported fourth-quarter fiscal 2024 non-GAAP earnings of 27 cents per share, which surpassed the Zacks Consensus Estimate by 35% and increased 12.5% year over year. Nutanix’s revenues climbed 11% year over year to $548 million, beating the Zacks Consensus Estimate by 2.02% and the guided range of $530-$540 million. The top line was … Read more
Nutanix Inc (NASDAQ:NTNX) recently announced its financial results for the second quarter ended January 31, 2024, demonstrating strong growth and financial performance despite economic challenges. The company reported a 26% increase year-over-year in Annual Recurring Revenue (ARR), reaching $1.74 billion, and a 16% increase in revenue to $565.2 million. Nutanix also achieved GAAP operating income … Read more