Recap: Nutanix Q1 Earnings
Shares of Nutanix (NASDAQ:NTNX) rose 7.83% in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were up 38.03% over the past year to ($0.44), which beat the estimate of ($0.57).
Revenue of $312,754,000 decreased by 0.64% year over year, which beat the estimate of $299,240,000.
Looking Ahead
Nutanix Sees Q2 ACV Billings $145M-$148M, Adj. Gross Margin ~81.5%
How To Listen To The Conference Call
Date: Nov 23, 2020
Time: 04:30 PM
Price Action
52-week high: $37.86
52-week low: $11.31
Price action over last quarter: Up 10.60%
Company Profile
Nutanix Inc provides native hybrid cloud capabilities for businesses. The company offers Enterprise Cloud Platform to businesses for various uses such as web-scale engineering and consumer-grade design, virtualization and storage into a resilient, and software-defined solution. It generates most of its revenues through license fees and supports services. Geographically, it derives a majority of revenue from the United States and also has a presence in Europe, the Middle East, Asia Pacific, Africa, and other regions.
Posted-In: Earnings
