Core Insights - Nutanix reported revenue of 638.98millionforthequarterendedApril2025,markingayear−over−yearincreaseof21.80.42 compared to 0.28ayearago,exceedingtheZacksConsensusEstimateof626.12 million by 2.06% [1] Financial Performance - Total Billings reached 647.05million,belowtheaverageestimateof676.02 million from four analysts [4] - Annual Recurring Revenue (ARR) was reported at 2.14billion,slightlybelowtheaverageestimateof2.17 billion from four analysts [4] - Professional services billings were 18.48million,significantlylowerthantheaverageestimateof32.78 million from three analysts [4] - Subscription billings amounted to 627.25million,surpassingtheaverageestimateof616.58 million from two analysts [4] - Other non-subscription product billings were 1.32million,belowtheaverageestimateof1.68 million from two analysts [4] Revenue Breakdown - Revenue from support, entitlements, and other services was 293.50million,belowtheaverageestimateof312.03 million from eight analysts, reflecting a year-over-year change of +9.1% [4] - Product revenue was 345.48million,exceedingtheaverageestimateof310.26 million from eight analysts, representing a year-over-year increase of +35.2% [4] - Professional services revenue was 28million,slightlybelowtheaverageestimateof28.12 million from seven analysts, with a year-over-year change of +6.7% [4] - Subscription revenue reached 609.66million,abovetheaverageestimateof594.37 million from seven analysts, indicating a year-over-year increase of +25.3% [4] - Non-portable software revenue was 0.50million,significantlybelowtheaverageestimateof2.59 million from seven analysts, showing a drastic year-over-year decline of -95.5% [4] Stock Performance - Nutanix shares have returned +15.3% over the past month, outperforming the Zacks S&P 500 composite's +7.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
Nutanix(NTNX) ZACKS·2025-05-28 23:30