Nutanix Q2 2024 Adj EPS $0.46 Beats $0.29 Estimate, Sales $565.20M Beat $551.34M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nutanix reported its Q2 2024 earnings with an adjusted EPS of $0.46, surpassing the consensus estimate of $0.29 by 58.62%. Sales reached $565.20M, exceeding expectations of $551.34M.
February 28, 2024 | 9:12 pm
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Nutanix's Q2 2024 earnings exceeded analyst expectations with an adjusted EPS of $0.46 and sales of $565.20M, indicating strong financial performance.
Nutanix's significant beat on both earnings per share and sales estimates for Q2 2024 suggests a robust financial health and operational efficiency, likely leading to positive investor sentiment and a potential uptick in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100