Nutanix (NTNX) reported earnings on Mon 25 Nov 2019 (a/h)

** charts before earnings **

 

** charts after earnings **

** 2 days later **

Nutanix beats by $0.04, beats on revs; guides Q2 EPS in-line, revs below consensus; guides FY20 revs in-line 

Reports Q1 (Oct) loss of $0.71 per share, excluding non-recurring items, $0.04 better than the S&P Capital IQ Consensus of ($0.75); revenues rose 0.5% year/year to $314.8 mln vs the $306.42 mln S&P Capital IQ Consensus.

• Billings were $380.0 million, down from $383.6 million in the first quarter of fiscal 2019, reflecting billings compression from the company's ongoing transition to subscription and the significant reduction of hardware billings from the prior year

Co issues guidance for Q2, sees EPS of ~($0.70), excluding non-recurring items, vs. ($0.70) S&P Capital IQ Consensus; sees Q2 revs of $330-335 mln vs. $336.40 mln S&P Capital IQ Consensus.

Co issues in-line guidance for FY20, sees FY20 revs of $1.3-1.4 bln vs. $1.38 bln S&P Capital IQ Consensus.