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 primarily driven by growth in NTNX’s core hyper-converged infrastructure software and the solid adoption of its new capabilities. Nutanix continues to witness a stro ...

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 fourth quarter was a solid finish to a fiscal year that showed good progress on our financial model with solid top-line gro ...

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 $0.20, the EPS surprise was +35.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expec ...

Nutanix, Inc. (NASDAQ:NTNX) Q4 2024 Earnings Conference Call August 28, 2024 4:30 PM ET Company Participants Rich Valera - Vice President, Investor Relations Rajiv Ramaswami - President & Chief Executive Officer Rukmini Sivaraman - Chief Financial Officer Conference Call Participants George Wang - Barclays Jim Fish - Piper Sandler Meta Marshall - Morgan Stanley Ruplu Bhattacharya - Bank of America Jason Ader - William Blair Victor Chiu - Raymond James Mike Cikos - Needham Operator Thank you for standing by ...

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 enterprise cloud platform services provider would post earnings of $0.17 per share when it actually produced earnings of $0.28, delivering a surprise of 64.71%.Over the last fo ...

Q4 FY2024 Earnings August 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 Revenu ...

Exhibit 99.1 Nutanix Reports Fourth Quarter and Fiscal 2024 Financial Results Reports 22% YoY ARR Growth and Strong Free Cash Flow for Fiscal 2024 Delivers Outperformance Across All Fourth Quarter Guided Metrics | | FY'24 | FY'23 | Y/Y Change | | --- | --- | --- | --- | | 1 Annual Contract Value (ACV) Billings | $1.16 billion | $956.8 million | 21% | | 2 Annual Recurring Revenue (ARR) | $1.91 billion | $1.56 billion | 22% | | 3 Average Contract Duration | 3.0 years | 3.0 years | 0.0 year | | Revenue | $2.15 ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Nutanix (NTNX) , which belongs to the Zacks Computers - IT Services industry, could be a great candidate to consider.This enterprise cloud platform services provider has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 61.66%.For the most recent qua ...

Nutanix (NTNX) is set to release fiscal fourth-quarter 2024 results on Aug 28.For the fourth quarter of fiscal 2024, Nutanix expects revenues in the range of $530 million to $540 million. The Zacks Consensus Estimate for the same is currently pegged at $537.12 million, suggesting 8.7% growth from the year-ago period.The Zacks Consensus Estimate for earnings has remained unchanged at 19 cents per share over the past 30 days, indicating a decline of 20.8% from the year-ago period.Image Source: Zacks Investmen ...

Wall Street analysts forecast that Nutanix (NTNX) will report quarterly earnings of $0.19 per share in its upcoming release, pointing to a year-over-year decline of 20.8%. It is anticipated that revenues will amount to $537.12 million, exhibiting an increase of 8.7% compared to the year-ago quarter.The consensus EPS estimate for the quarter has been revised 33.3% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial es ...