Nutanix Reports First Quarter Fiscal 2020 Financial Results
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November 26, 2019 6:17 AM EST
RBC Capital analyst Matthew Hedberg raised the price target on Nutanix (NASDAQ: NTNX) to $38.00 (from $32.00) while maintaining an Outperform rating following results.
The analyst commented, "The quarter demonstrated the consistency that we were looking for as the transition to a subscription... More
November 25, 2019 4:04 PM EST
Nutanix (NASDAQ: NTNX) reported Q1 EPS of ($0.71), $0.04 better than the analyst estimate of ($0.75). Revenue for the quarter came in at $314.8 million versus the consensus estimate of $306.41 million.
Our solid Q1 performance, particularly in the Americas, gives us confidence that we have the right formula for global... More
