Nutanix, Inc. (NASDAQ:NTNX) reported better-than-expected fourth-quarter financial results and issued FY25 revenue guidance above estimates on Wednesday.
Nutanix reported quarterly earnings of 27 cents per share which beat the analyst consensus estimate of 20 cents per share. The company reported quarterly sales of $547.95 million which beat the analyst consensus estimate of $536.94 million.
"Our fourth quarter was a solid finish to a fiscal year that showed good progress on our financial model with solid top-line growth and sharp year-over-year improvement in profitability," said Rajiv Ramaswami, president and CEO of Nutanix.
Nutanix expects first-quarter revenue to be in the ...
