Nutanix Fiscal Q1 Non-GAAP Earnings, Revenue Rise; Fiscal 2025 Revenue Outlook Reiterated -- Shares Surge After Hours

MT Newswires Live

Nov 27, 2024

Nutanix (NTNX) reported fiscal Q1 non-GAAP earnings late Tuesday of $0.42 per diluted share, up from $0.29 a year earlier.

Analysts polled by FactSet expected $0.32.

Revenue for the quarter ended Oct. 31 was $591.0 million, up from $511.1 million a year earlier.

Analysts surveyed by FactSet expected $571.7 million.

The company said it expects fiscal Q2 revenue of $635 million to $645 million. Analysts surveyed by FactSet are looking for $631.2 million.

For fiscal 2025, it continues to project revenue of about $2.44 billion to $2.47 billion. Analysts surveyed by FactSet expect $2.45 billion.

Shares of the company were up 7.7% in after-hours activity.

Price: 77.90, Change: +5.55, Percent Change: +7.67

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Analysts surveyed by FactSet are looking for $631.2 million.</p><p>For fiscal 2025, it continues to project revenue of about $2.44 billion to $2.47 billion. Analysts surveyed by FactSet expect $2.45 billion.</p><p>Shares of the company were up 7.7% in after-hours activity.</p><p>Price: 77.90, Change: +5.55, Percent Change: +7.67</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NTNX","symbol_name":"Nutanix Inc.","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2486834050","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2486834050","pubTimestamp":1732656351,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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