Nutanix Reports Second Quarter Fiscal 2020 Financial Results

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Nutanix (NTNX) Tops Q2 EPS by 9c, Revenues Beat; Offers Q3 EPS Guidance Below Consensus

February 26, 2020 4:18 PM EST

Nutanix (NASDAQ: NTNX) reported Q2 EPS of ($0.60), $0.09 better than the analyst estimate of ($0.69). Revenue for the quarter came in at $346.8 million versus the consensus estimate of $341.09 million.

Q2 Fiscal 2020 Financial Highlights

Revenue: $346.8 million, up from $335.4 million in the second quarter of fiscal 20191Billings: $428.1 million, up from $413.4 million in the second quarter of fiscal 20191Software and Support (TCV)2 Revenue: $338.2 million, up 14% year-over-year from $297.4 million in the second quarter of fiscal 20191Software and Support (TCV)2 Billings: $419.5 million, up 12% year-over-year from $375.5 million in the second quarter of fiscal 20191Gross... More