Nutanix (NASDAQ:NTNX) reported its Q3 earnings results on Wednesday, May 25, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Nutanix beat estimated earnings by 77.27%, reporting an EPS of $-0.05 versus an estimate of $-0.22.
Revenue was up $59.15 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.16 which was followed by a 4.22% drop in the share price the next day.
Here's a look at Nutanix's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.19 | -0.34 | -0.42 | -0.49 |
| EPS Actual | -0.03 | -0.22 | -0.26 | -0.41 |
| Revenue Estimate | 406.89M | 367.04M | 362.88M | 334.45M |
| Revenue Actual | 413.08M | 378.52M | 390.72M | 344.51M |
To track all earnings releases for Nutanix visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
