Nutanix shares are trading higher after the company reported better-than-expected Q4 financial results and issued Q1 and FY25 revenue guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Nutanix shares rise as the company reports strong Q4 results and provides optimistic revenue guidance for Q1 and FY25.
August 29, 2024 | 10:38 am
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Nutanix shares are trading higher following the release of better-than-expected Q4 financial results and optimistic revenue guidance for Q1 and FY25.
The company's strong Q4 performance and positive future revenue guidance are likely to boost investor confidence, leading to a rise in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100