From Financial Modeling Prep: 2024-11-27 08:39:00

Nutanix (NASDAQ:NTNX) exceeded analyst expectations in Q1 fiscal 2025, reporting adjusted EPS of $0.42 and revenue of $591 million, up 16% YoY. Annual Recurring Revenue (ARR) rose 18% to $1.97 billion, showcasing success in subscription-based model. Free cash flow increased to $151.9 million. Shares surged over 5% in pre-market trading.

For Q2 fiscal 2025, Nutanix forecasts revenue of $635-645 million, surpassing analyst estimates. Full-year revenue guidance is set between $2.435 billion and $2.465 billion, in line with expectations. The positive outlook reflects the company’s strong performance and growth trajectory in the cloud computing market.



Read more at Financial Modeling Prep:: Nutanix Shares Gain 5% on Strong Q1 Results and Up…