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.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100