2023-05-24 16:20:27 ET
- Nutanix press release ( NASDAQ: NTNX ): Q3 Non-GAAP EPS of $0.04 misses by $0.09 .
- Revenue of $448.58M (+11.1% Y/Y) misses by $25.92M .
- Continued to demonstrate a good balance of growth and profitability, resulting in year-to-date ACV Billings growth exceeding 20%, combined with strong year-to-date free cash flow generation.
- Q4 Outlook: ACV Billings $240 - $250 million, Revenue $470 - $480 million vs. consensus of $452.24M, Non-GAAP Gross Margin ~84%, Non-GAAP Operating Margin 9% to 10%.
- 2023 Outlook: ACV Billings $915 - $925 million, Revenue $1.84 - $1.85 billion vs. consensus of $1.80B, Non-GAAP Gross Margin ~84%, Non-GAAP Operating Margin 6% to 7%.
- Shares +14.13% .
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Nutanix Non-GAAP EPS of $0.04 misses by $0.09, revenue of $448.58M misses by $25.92M