Nutanix (NTNX) Tops Q3 EPS by 19c, Revenues Beat; Withdraws FY20 Guidance

Go back to Nutanix (NTNX) Tops Q3 EPS by 19c, Revenues Beat; Withdraws FY20 Guidance

Nutanix Reports Third Quarter Fiscal 2020 Financial Results

May 27, 2020 4:02 PM EDT

-- Increased Remote Work and Demand for Zero Touch IT Drove 18% YoY TCV Revenue Growth

-- Delivered 84% of Billings from Subscription During Continued Transition to Subscription Business Model with 340 Basis Point YoY Improvement in Gross Margins

-- Proactive Operating Expense Management Aided Bottom-Line Results

SAN JOSE, Calif.--(BUSINESS WIRE)--... More