Nutanix Sees Q1 2025 Revenue $565M - $575M Vs $536.91M; Sees FY 2025 Revenue $2.435B - $2.465B Vs $2.139B Est.
Portfolio Pulse from Benzinga Newsdesk
Nutanix has provided a revenue forecast for Q1 2025 between $565M and $575M, surpassing the previous estimate of $536.91M. For FY 2025, the company expects revenue between $2.435B and $2.465B, exceeding the earlier estimate of $2.139B.
August 28, 2024 | 8:14 pm
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Nutanix has raised its revenue guidance for Q1 2025 to $565M-$575M and for FY 2025 to $2.435B-$2.465B, both above previous estimates.
Nutanix's updated revenue guidance for both Q1 and FY 2025 exceeds previous estimates, indicating strong business performance and potential positive impact on stock price.
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RELEVANCE 100