Nutanix Reports Third Quarter Fiscal 2020 Financial Results
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Nutanix (NTNX) PT Raised to $25 at Piper Sandler Following 3Q
May 28, 2020 8:18 AM EDTPiper Sandler analyst James Fish raised the price target on Nutanix (NASDAQ: NTNX) to $25.00 (from $23.00) while maintaining a Neutral rating following the company's 3Q earnings report. The EUC portfolio helped offset the core weakness experienced due to CV19. Results came in ~5% above expectations... More
Nutanix (NTNX) PT Lowered to $35 at KeyBanc Following 3Q
May 28, 2020 7:39 AM EDTKeyBanc analyst Alex Kurtz lowered the price target on Nutanix (NASDAQ: NTNX) to $35.00 (from $38.00) while maintaining a Overweight rating following the company's 3Q earnings report. After positively pre-announcing and previously withdrawing FY20 guidance, Nutanix reported results largely as expected with revenue of $318M vs.... More
Nutanix (NTNX) PT Raised to $30 at Needham & Company Following 3Q Beat
May 28, 2020 7:28 AM EDTNeedham & Company analyst Jack Andrews raised the price target on Nutanix (NASDAQ: NTNX) to $30.00 (from $24.00) while maintaining a Buy rating following the company's 3Q earnings release. NTNX reported 3Q revenue of $318.3 million, ahead of the consensus of $313.3 million. Non-GAAP EPS of $(0.69) was well-ahead of... More
Nutanix (NTNX) Tops Q3 EPS by 19c, Revenues Beat; Withdraws FY20 Guidance
May 27, 2020 4:05 PM EDTNutanix (NASDAQ: NTNX) reported Q3 EPS of ($0.69), $0.19 better than the analyst estimate of ($0.88). Revenue for the quarter came in at $318.3 million versus the consensus estimate of $307.41 million.
Q3 Fiscal 2020 Financial Highlights
Revenue: $318.3 million, up 11% year-over-year from $287.6 million in the third quarter of fiscal 20191Billings: $383.5 million, up 11% year-over-year from $346.0 million in the third quarter of fiscal 20191Software and Support (TCV)2 Revenue: $314.5 million, up 18% year-over-year from $265.8 million in the third quarter of fiscal 2019Software and Support (TCV)2 Billings: $379.7 million, up 17% year-over-year from $324.2 million in the third quarter of fiscal... More