Nutanix shares surge 12% on strong earnings beat and outlook Investing.com India Article Source https://in.investing.com/news/stock-market-news/nutanix-shares-surge-12-on-strong-earnings-beat-and-outlook-93CH-4405624
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
“While we expect some will debate if lead metrics were only driven by the large deal signed last quarter, underneath it would suggest execution drove FQ4 results, and management commentary will be viewed as incrementally better Q/Q,” said Piper Sandler analysts James Fish and Quinton Gabrielli, in an investor note. As a result, Piper Sandler … Read more
Nutanix, Inc. NTNX reported better-than-expected fourth-quarter financial results and issued FY25 revenue guidance above estimates on Wednesday. Nutanix reported quarterly earnings of 27 cents per share which beat the analyst consensus estimate of 20 cents per share. The company reported quarterly sales of $547.95 million which beat the analyst consensus estimate of $536.94 million. “Our … Read more
On Thursday, RBC Capital Markets adjusted its outlook on Nutanix (NASDAQ:) shares, raising the price target to $75 from $70, while maintaining an Outperform rating. The revision followed Nutanix’s announcement of its fourth-quarter results, which surpassed consensus expectations and reached the higher end of the company’s guidance. The company’s performance was marked by strong Annual … Read more
Nutanix, Inc. (NASDAQ:NTNX) Q4 2024 Earnings Call Transcript August 28, 2024 Nutanix, Inc. misses on earnings expectations. Reported EPS is $-0.50871 EPS, expectations were $0.2. Operator: Thank you for standing by and welcome to Nutanix Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers; presentation, … Read more
Nutanix (NASDAQ: NTNX) reported its financial results for Q4 and fiscal year 2024, ending July 31, 2024. Key highlights include: Annual Recurring Revenue (ARR) increased by 22% YoY, reaching $1.91 billion. Q4 Revenue grew 11% YoY to $548 million. GAAP Operating Income for FY2024 was $7.6 million, a notable improvement … Read more
These Stocks Are Moving the Most Today: Nvidia, CrowdStrike, Super Micro, Salesforce, Affirm, Nutanix, and More MSN Article Source https://www.msn.com/en-us/money/companies/these-stocks-are-moving-the-most-today-nvidia-crowdstrike-super-micro-salesforce-affirm-nutanix-and-more/ar-AA1pD5Zn?ocid\u003dfinance-verthp-feeds
Earnings call: Nutanix reports robust growth and positive outlook for FY2025 Investing.com India Article Source https://in.investing.com/news/stock-market-news/earnings-call-nutanix-reports-robust-growth-and-positive-outlook-for-fy2025-93CH-4406303