Nutanix Q3 Adjusted EPS 47 Cents Beats Estimates, Raises Guidance
NTNX•Nutanix reported fiscal Q3 net income of $72.1 million and adjusted EPS of $0.47, exceeding the 0.35 consensus, with revenue of $703.1 million topping estimates by $17.3 million. It forecasts next-quarter revenue of $725 million to $745 million and full-year revenue between $2.82 billion and $2.84 billion.
1. Q3 Financial Results
Nutanix posted net income of $72.1 million, or $0.25 per share, in fiscal Q3. Adjusted earnings reached $0.47 per share, outperforming the $0.35 analyst consensus and marking a key profitability milestone for the quarter.
2. Revenue Performance
Revenue climbed to $703.1 million, surpassing the $685.8 million forecast by $17.3 million. Growth was driven by strong demand for the company’s enterprise cloud platform services across its global customer base.
3. Guidance Outlook
For the quarter ending in July, management expects revenue between $725 million and $745 million. Full-year revenue is now projected at $2.82 billion to $2.84 billion, indicating sustained enterprise momentum.
