Nutanix Reports Third Quarter Fiscal 2017 Financial Results

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Go back to Nutanix Reports Third Quarter Fiscal 2017 Financial Results

Nutanix (NTNX) PT Lowered to $27 at Piper Jaffray; 'Beat and Raise' Back in Full Swing

May 26, 2017 7:58 AM EDT

Piper Jaffray lowered its price target on Nutanix (NASDAQ: NTNX) to $27.00 (from $36.00) while maintaining a Overweight rating following modest upside in Q3 and revenue guidance significantly above consensus.

Analyst Andrew Nowinski noted that management highlighted that backlog was up substantially and large deal... More

Nutanix (NTNX) Tops Q3 EPS by 3c; Sales Beat

May 25, 2017 4:03 PM EDT

Nutanix (NASDAQ: NTNX) reported Q3 EPS of ($0.42), $0.03 better than the analyst estimate of ($0.45). Revenue for the quarter came in at $191.8 million versus the consensus estimate of $186.55 million.

Revenue: $191.8 million, growing 67% year-over-year from $114.7 million in the third quarter of fiscal 2016Billings: $234.1 million, growing 47% year-over-year from $159.5 million in the third quarter of fiscal... More