Nutanix(NTNX)
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Nutanix (NTNX) and Wipro to Introduce New Business Unit
Zacks Investment Research· 2024-03-12 13:50
Nutanix (NTNX) has expanded its partnership with Wipro Limited (WIT) , a top technology services and consulting company to establish a new business unit. This collaboration aims to assist mutual clients in accelerating their digital and hybrid multicloud journeys while maximizing the value of their Nutanix Cloud investments.The partnership merges Wipro FullStride Cloud's industry expertise with Nutanix Cloud Platform to enhance joint solution engineering and expand go-to-market strategies. The goal is to bo ...
Wipro Expands Partnership with Nutanix to Launch a New Nutanix Business Unit
Businesswire· 2024-03-11 12:00
EAST BRUNSWICK, N.J. & SAN JOSE, Calif. & BENGALURU, India--(BUSINESS WIRE)--Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, and Nutanix, Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced the launch of a new Nutanix-focused business unit. Together, they will help mutual clients accelerate their digital and hybrid multicloud journeys and maximize the value of their Nutanix Cloud investments. The new business unit will comb ...
Nutanix(NTNX) - 2024 Q2 - Quarterly Report
2024-03-06 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-37883 NUTANIX, INC. (Exact name of registrant as specified in its charter) Delaware 27-0989767 (State or other jurisdiction o ...
Why Nutanix (NTNX) is a Top Momentum Stock for the Long-Term
Zacks Investment Research· 2024-03-06 15:56
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?T ...
Nutanix (NTNX) Q2 Earnings Top Estimates, Revenues Rise Y/Y
Zacks Investment Research· 2024-02-29 14:10
Nutanix (NTNX) reported non-GAAP second-quarter fiscal 2024 earnings of 46 cents per share, surpassing the Zacks Consensus Estimate by 58.62%. The company had delivered an adjusted earnings per share of 12 cents in the year-ago quarter.Nutanix’s revenues climbed 16% year over year to $565.2 million, beating the Zacks Consensus Estimate by 2.43% and the guided range of $545-$555 million.The top line was primarily driven by growth in NTNX’s core hyper-converged infrastructure software and the solid adoption o ...
Nutanix(NTNX) - 2024 Q2 - Earnings Call Presentation
2024-02-29 01:13
Q2 FY2024 Earnings February 28, 2024 Safe Harbor Non-GAAP Financial Measures and Other Key Performance Measures To supplement our consolidated financial statements, which are prepared and presented in accordance with GAAP, this presentation includes the following non-GAAP financial and other key performance measures: non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP operating margin, free cash flow, Annual Contract Value Billings (or ACV Billings), Annual Recurring Reve ...
Nutanix(NTNX) - 2024 Q2 - Earnings Call Transcript
2024-02-29 01:13
Nutanix, Inc. (NASDAQ:NTNX) Q2 2024 Earnings Conference Call February 28, 2024 4:30 PM ET Company Participants Rich Valera - VP, IR Rajiv Ramaswami - President and CEO Rukmini Sivaraman - CFO Conference Call Participants Jim Fish - Piper Sandler Jason Ader - William Blair Wamsi Mohan - Bank of America Pinjalim Bora - JPMorgan George Wang - Barclays Michael Cikos - Needham Meta Marshall - Morgan Stanley Erik Suppiger - JMP Ben Bollin - Cleveland Research Victor Chiu - Raymond James Operator Good day and than ...
Nutanix (NTNX) Reports Q2 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-02-29 01:01
Nutanix (NTNX) reported $565.23 million in revenue for the quarter ended January 2024, representing a year-over-year increase of 16.2%. EPS of $0.46 for the same period compares to $0.12 a year ago.The reported revenue represents a surprise of +2.43% over the Zacks Consensus Estimate of $551.82 million. With the consensus EPS estimate being $0.29, the EPS surprise was +58.62%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...
Nutanix(NTNX) - 2024 Q2 - Quarterly Results
2024-02-27 16:00
Exhibit 99.1 Nutanix Reports Second Quarter Fiscal 2024 Financial Results Reports 26% YoY ARR Growth and Strong Free Cash Flow Delivers Outperformance Across All Second Quarter Guided Metrics SAN JOSE, Calif. – February 28, 2024 – Nutanix, Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced financial results for its second quarter ended January 31, 2024. “Our disciplined execution enabled us to deliver a solid second quarter financial performance against an uncertain, but stable ma ...
What Analyst Projections for Key Metrics Reveal About Nutanix (NTNX) Q2 Earnings
Zacks Investment Research· 2024-02-23 15:21
Wall Street analysts forecast that Nutanix (NTNX) will report quarterly earnings of $0.29 per share in its upcoming release, pointing to a year-over-year increase of 141.7%. It is anticipated that revenues will amount to $551.82 million, exhibiting an increase of 13.4% compared to the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of t ...