Nutanix (NTNX) PT Raised to $24 at BofA Securities

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Go back to Nutanix (NTNX) PT Raised to $24 at BofA Securities

Nutanix (NTNX) Surges on Strong Results, Analysts 'Encouraged'

September 1, 2022 7:34 AM EDT

Shares of Nutanix (NASDAQ: NTNX) are up over 16% after the company reported very strong FQ4 results.

Nutanix reported a loss per share of $0.17, much better than the loss of $0.38 per share as anticipated by analysts. Revenue for the quarter came in at $385.5 million versus the consensus estimate of $355.3 million.

For this quarter, the company sees revenue in the range of $410 million and $415 million,... More