Nutanix (NTNX) reported earnings on Thur 28 Feb 19 (a/h)

** charts before earnings **

 

** charts after earnings **

 

Nutanix beats by $0.02, beats on revs; guides Q3 EPS below consensus, revs below consensus 

• Reports Q2 (Jan) loss of $0.23 per share, excluding non-recurring items, $0.02 better than the S&P Capital IQ Consensus of ($0.25); revenues rose 17.0% year/year to $335.36 mln vs the $331.21 mln S&P Capital IQ Consensus.
  • Billings: $413.4 million, up from $355.9 million in the second quarter of fiscal 2018
• Co issues downside guidance for Q3, sees EPS of $(0.60), excluding non-recurring items, vs. ($0.28) S&P Capital IQ Consensus; sees Q3 revs of $290-300 mln vs. $347.56 mln S&P Capital IQ Consensus.
  • Billings between $360 million and $370 million; 
  • Non-GAAP gross margin between 75% and 76%;