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Thursday, December 1, 2016

Nutanix Makes Its Earnings Debut Tonight

#Nutanix, the cloud storage solutions company is set to report its earnings for the quarter ended October 31 after the close of trading tonight. It will be the first earnings report for Nutanix as a publicly traded company.

Nutanix, which went public on September 30 at a price of $16 per share, has already seen its valuation double and currently trades at $34 and change per share.

The Street is expecting the company to report a loss of $0.44 per share on revenues of $152 million for the October quarter.

The Street consensus for billings in the quarter is $214 million or for 68% growth year-on-year.

Consensus for the current quarter (ending in January) is for a loss of $0.36 per share on revenues of $168 million.

http://www.forbes.com/sites/jaysomaney/2016/11/29/nutanix-makes-its-earnings-debut-tonight/#4a8d4edc2cc4

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