Earnings Breakthrough: Nutanix and Dell Surpass Estimates
- September 01st, 2023
- 445 views
Nutanix, Inc. (Nasdaq: NTNX) exceeded expectations in its fourth-quarter fiscal 2023 results, reporting adjusted earnings of $0.24 per share, outperforming the consensus EPS estimate of $0.16. The company's quarterly sales amounted to $494.21 million, beating analysts' projected revenue of $475.16 million.
Looking ahead, Nutanix is forecasting full-year fiscal 202 revenue in the range of $2.085 billion to $2.115 billion, which compares favorably to the consensus estimate of $2.08 billion in revenue for the period.
$NTNX was trading at $36.74 in pre-market, reflecting a significant increase of $5.64 (+18.14%).
On another front, Dell Technologies Inc. (NYSE: DELL) also delivered a strong performance in its second-quarter fiscal 2024 results, reporting earnings of $1.74 per share, surpassing the consensus EPS estimate of $1.14. The company's quarterly revenues reached $22.93 billion, exceeding analysts' expected revenue of $20.85 billion.
In pre-market, $DELL was trading at $61.94, up $5.70 (+10.14%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
NJCP Football League Provides Development and Opportunity for Athletes Pursuing the Next Level
March 20th, 2026March 19th, 2026How High School Graduates Can Kickstart Their Football Career
March 18th, 2026
Member Login