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Nutanix, Inc. (NASDAQ:NTNX) Q3 2023 Earnings Call Transcript

Operator: Thank you for standing by, and welcome to the Nutanix Q3 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. ....

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Cloud Stocks: Nutanix Reimagines Data Centric Platform Services

Enterprise cloud computing player Nutanix (Nasdaq: NTNX) recently announced its third quarter results. The market was pleased with Nutanix's quarterly performance and outlook. Post the results announcement, it's stock soared 14% in the after-hours trading session. Nutanix's Financials For the third quarter of the year, revenues grew 11% to $448.6 million, ahead of the analyst projections of $433 million. Net loss was $81.2 million, or $0.35 a share, compared with a loss of $112.0 million, or $0.50 a share a year ago. Non GAAP EPS was $0.04 a share, in line with the consensus. By segment, Nutanix's support, entitlements and other services revenues grew 16% to $236.1 million, while product revenue grew 6% to $212.5 million. For the third quarter, Nutanix forecast revenues of $470-$480 million compared with the market's estimates of $452 million. For fiscal year 2023, the company expects revenue of $1.84-$1.85 billion. Nutanix's Growth Focus Recently, Nutanix ....

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Nutanix Reports Third Quarter Fiscal 2023 Financial Results

Delivers Outperformance Across All Fiscal Q3’23 Guided Metrics

Completes Audit Committee Investigation and Files Form 10-Q for Fiscal Q2’23

. | June 11, 2023 ....

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Nutanix unveils universal cloud operating model

During its recent conference in Chicago, Nutanix announced a new cloud-delivered solution called Nutanix Central that provides monitoring, visibility, reporting, and management capabilities across various types of environments all via a unified console, ComputerWeekly reports. ....

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Nutanix: Navigating the accidental hybrid cloud

Nutanix hosted its .NEXT conference in Chicago, Illinois, this week in what was the first in-person iteration of this normally annual event for five years. The Computer Weekly Developer Network . ....

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