Nutanix reports Q3 EPS 42c, consensus 38c

Reports Q3 revenue $638.98M, consensus $626.75M. “We delivered solid third quarter results, above the high end of our guided ranges, driven by the strength of the Nutanix (NTNX) Cloud Platform and demand from businesses looking for a trusted long-term partner,” said Rajiv Ramaswami, president and CEO of Nutanix. “Our recent announcements around support for external storage, modern applications, and generative AI reflect our continued focus on driving innovation and broadening our partnerships to further enhance the value proposition of the Nutanix Cloud Platform.”