The Q1 earnings report for Nutanix NTNX was released on Tuesday, November 26, 2024 at 04:01 PM.
Here's what investors need to know about the latest announcement.
Earnings
Nutanix beat estimated earnings by 31.0%, reporting an EPS of $0.42 versus an estimate of $0.32.
Revenue was up $79.90 million from the same period last year.
Analysis of Past Earnings
The company beat on EPS by $0.07 in the last quarter, resulting in a 20.0% increase share price change the following day.
Here's a look at Nutanix's past performance:
| Quarter | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| EPS Estimate | 0.20 | 0.16 | 0.29 | 0.17 |
| EPS Actual | 0.27 | 0.28 | 0.46 | 0.29 |
| Revenue Estimate | 536.94M | 516.18M | 551.34M | 501.32M |
| Revenue Actual | 547.95M | 524.58M | 565.23M | 511.05M |
To track all earnings releases for Nutanix visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
