Nutanix IncNTNX
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Q3 earnings beat estimates, revenue up 10%, raised full-year guidance.
Impact on stocks 1
Cloud & Digital Infrastructure
Nutanix IncNutanix Q3 Earnings Beat Estimates, Revenue Rises 10%
Earnings
Nutanix reported third-quarter fiscal 2026 non-GAAP earnings of 47 cents per share, beating the Zacks Consensus Estimate by 34.29% and improving 11.9% year over year. Revenues rose 10% year over year to $703.1 million, exceeding the consensus mark by 2.53%. Annual recurring revenue grew 15% to $2.43 billion, and the company added 730 new logos, an 18% increase. Nutanix raised its full-year fiscal 2026 revenue guidance to $2.82-$2.84 billion and expects non-GAAP operating margin of approximately 22.5% with free cash flow of $760-$780 million. Despite the positive results, shares have declined about 3.8% since the report, underperforming the S&P 500.
Nutanix IncQ3 earnings beat estimates, revenue up 10%, raised full-year guidance.