English
Back
Download
Log in to access Online Inquiry
Back to the Top

Nutanix Soars Some 25% After Hours on Fiscal Q4 Earnings and Revenue Beats

avatar
Jerry Kronenberg wrote a column · Aug 29, 2024 04:19
$Nutanix (NTNX.US)$ soared some 25% after hours Wednesday after the cloud-services company beat analyst estimates on both its fiscal Q4 earnings and revenues.
NTNX rose 24.8% to $65.25 shortly before 4:15 p.m. ET after the firm said it earned $0.27 per share on $548 million of sales in the three months ended July 31. That beat the $0.20 EPS and $537 million of revenues that analysts had reportedly expected.
The company also guided current-quarter revenues to a $565 million to $575 million range.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
2
+0
Translate
Report
22K Views
Comment
Sign in to post a comment
    avatar
    Jerry Kronenberg
    Director of Financial Content
    Former top editor at Seeking Alpha, Fidelity.com, TheStreet.com and UPI.
    1158
    Followers
    1113
    Following
    4176
    Visitors
    Follow
    Reassessing Chinese Assets
    Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.