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Nutanix Fiscal Q4 Non-GAAP Earnings, Revenue Rise; Issues Guidance; Shares Jump After-Hours
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Nutanix Fiscal Q4 Non-GAAP Earnings, Revenue Rise; Issues Guidance; Shares Jump After-Hours
Aug 31, 2024 5:51 PM

04:30 PM EDT, 08/28/2024 (MT Newswires) -- Nutanix ( NTNX ) reported fiscal Q4 non-GAAP earnings late Wednesday of $0.27 per diluted share, up from $0.24 a year earlier.

Analysts polled by Capital IQ expected $0.20.

Revenue for the quarter that ended July 31 was $548.0 million, up from $494.2 million a year earlier. Analysts surveyed by Capital IQ expected $537.3 million.

The company said it expects fiscal Q1 revenue of $565 million to $575 million. Analysts are looking for $571.7 million.

For fiscal 2025, it projects revenue of $2.44 billion to $2.47 billion. Analysts expect $2.45 billion.

Shares of the company were up about 18% in after-hours trading.

Price: 62.00, Change: +9.71, Percent Change: +18.57

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