Nutanix (NTNX) Down 2.7% Since Last Earnings Report: Can It Rebound?

Nutanix (NTNX) Down 2.7% Since Last Earnings Report: Can It Rebound?

A month has gone by since the last earnings report for Nutanix (NTNX). Shares have lost about 2.7% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Nutanix due for a breakout? Before we dive into how investors and analysts have … Read more

Nutanix Q4 Earnings Surpass Estimates, Revenues Increase Y/Y

Nutanix Q4 Earnings Surpass Estimates, Revenues Increase Y/Y

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