SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Nutanix Inc. (NTNX) on Wednesday reported a loss of $126.1 million in its fiscal fourth quarter. On a per-share basis, the San Jose, California-based company said it had a loss of 51 cents. Earnings, adjusted for one-time gains and costs, came to 27 cents per … Read more
Nutanix (NASDAQ:), a leader in hybrid multi-cloud computing, has reported strong financial results for the fourth quarter and fiscal year 2024. The company surpassed its guided metrics, with Q4 revenue climbing to $548 million, marking an 11% increase year-over-year (YoY), and an impressive 15% YoY revenue growth for the full year, reaching $2.15 billion. Nutanix … Read more
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Nvidia, CrowdStrike, Super Micro, Salesforce, Affirm, Nutanix, and More Market Movers Barron’s Article Source https://www.barrons.com/articles/stock-market-movers-7eeab237
For the quarter ended July 2024, Nutanix (NTNX) reported revenue of $547.95 million, up 10.9% over the same period last year. EPS came in at $0.27, compared to $0.24 in the year-ago quarter. The reported revenue represents a surprise of +2.02% over the Zacks Consensus Estimate of $537.12 million. With the consensus EPS estimate being … Read more
Release Date: August 28, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Nutanix Inc (NTNX, Financial) exceeded all guided metrics for Q4 2024, with revenue of $548 million, up 11% year over year. The company saw strong free cash flow generation, with $224 million … Read more
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Nutanix (NTNX) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 35%. A quarter ago, it was expected that this … Read more
Shares of data center storage rivals Pure Storage Inc. and NetApp Inc. took a hit in extended trading today, despite posting earnings and revenue that beat expectations, but both companies were completely overshadowed by Nutanix Inc. Nutanix crushed Wall Street’s estimates, sending its stock soaring more than 15% after-hours. Pure Storage’s stock fell more than 16% … Read more
“Our fourth quarter was a solid finish to a fiscal year that showed good progress on our financial model with solid top line growth and sharp year-over-year improvement in profitability,” said Rajiv Ramaswami, President and CEO of Nutanix. “In fiscal 2024, we also made notable progress on partnerships, signing new or enhanced agreements with Cisco, … Read more