Data storage giants Pure Storage, NetApp and Nutanix all beat Wall Street’s targets – SiliconANGLE

Data storage giants Pure Storage, NetApp and Nutanix all beat Wall Street’s targets – SiliconANGLE

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. Pure Storage’s stock fell more than 16% in the after-hours market action, while NetApp’s were down over 5% after both companies warned of longer sales cycles. Both companies … Read more

Nutanix Stock Jumps On Q4 Earnings: The Details – Nutanix (NASDAQ:NTNX)

Nutanix Stock Jumps On Q4 Earnings: The Details – Nutanix (NASDAQ:NTNX)

Nutanix Inc NTNX shares are trading higher in Wednesday’s after-hours session on the heels of the company’s fiscal fourth-quarter financial results. Here’s a rundown of the print. Q4 Revenue: $547.95 million, versus estimates of $536.94 million Q4 EPS: 27 cents, versus estimates of 20 cents Total revenue was up 11% year-over-year. Annual recurring revenue climbed … Read more

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

Nutanix shares surge 12% on strong earnings beat and outlook By Investing.com

Nutanix shares surge 12% on strong earnings beat and outlook By Investing.com

SAN JOSE, Calif. – Nutanix Inc . (NASDAQ:) shares soared 12.45% in after-hours trading on Wednesday after the hybrid multicloud computing company reported fiscal fourth-quarter results that exceeded analyst expectations and provided an upbeat outlook for fiscal 2025. The company posted adjusted earnings per share of $0.34, surpassing the consensus estimate of $0.20 by a … Read more

Nutanix Inc (NTNX) Q4 FY24 Earnings: EPS and Revenue Beat Estima

Nutanix Inc (NTNX) Q4 FY24 Earnings: EPS and Revenue Beat Estima

On August 28, 2024, Nutanix Inc (NTNX, Financial) released its 8-K filing detailing the financial results for its fourth quarter and fiscal year ended July 31, 2024. Nutanix Inc, a leader in hybrid multicloud computing, provides native hybrid cloud capabilities for businesses through its Enterprise Cloud Platform, which integrates web-scale engineering, consumer-grade design, virtualization, and … Read more