Nutanix soars after earnings and full-year guidance top expectations

Nutanix soars after earnings and full-year guidance top expectations

da-kuk Nutanix (NASDAQ:NTNX) rallied in postmarket trading on Wednesday after sailing past consensus estimates with its FQ4 earnings report. Revenue rose 10.9% year-over-year to $548.0 million for the quarter that ended on July 31. That mark topped the consensus expectation of $537.3 million. The San Jose-based company said annual recurring revenue was up 22% year-over-year … Read more

HPE stock rises on strong Q2 earnings and optimistic full-year guidance

HPE stock rises on strong Q2 earnings and optimistic full-year guidance

Hewlett Packard Enterprise (HPE) has recently reported strong fiscal second-quarter earnings, exceeding expectations with $7.20 billion in revenue and adjusted earnings of $0.42 per share. Despite analysts’ concerns about networking and demand inventory digestion, the company’s performance has impressed market watchers, leading to a stock price increase of 8% after the news broke. In addition … Read more