Nutanix Earnings Beat. Cloud Software Maker's Revenue Outlook Misses.
NTNXNutanix(NTNX) investors.com·2024-05-30 05:26

Nutanix (NTNX) on Wednesday reported fiscal third-quarter earnings and revenue that topped consensus estimates. July quarter revenue guidance for Nutanix stock came in well below expectations, sending shares tumbling. X Reported after the close, Nutanix earnings for the quarter ended April 30 were 28 cents a share on an adjusted basis vs. 4 cents a year earlier. That topped estimates for an 17-cent adjusted profit. The maker of cloud-computing network management software said revenue rose 17% to $524.6 mill ...