From Financial Modeling Prep: 2025-02-27 10:53:00

Nutanix (NASDAQ:NTNX) shares surged 13% on strong revenue and bullish forecast, despite narrowly missing Q2 earnings estimates. Adjusted EPS was $0.46, slightly below $0.47 forecast, but revenue hit $654.7 million, exceeding $641.5 million estimate. Annual Recurring Revenue (ARR) rose 19% YoY, showing demand for subscription model.

Nutanix’s optimistic Q3 forecast of $620-630 million revenue surpasses analyst consensus of $595.1 million. The company’s momentum is driven by increased adoption of Nutanix Cloud Platform, appealing to enterprises seeking reliable technology partners. Strong go-to-market strategies and partnerships are boosting growth further.



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