Nutanix Full Year 2024 Earnings: EPS Misses Expectations

Nutanix (NASDAQ:NTNX) Full Year 2024 Results

Key Financial Results

• Revenue: US$2.15b (up 15% from FY 2023).
• Net loss: US$124.8m (loss narrowed by 51% from FY 2023).
• US$0.51 loss per share (improved from US$1.09 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Nutanix EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly.

In the last 12 months, the only revenue segment was Internet Software & Services contributing US$2.15b. The largest operating expense was Sales & Marketing costs, amounting to US$977.5m (50% of total expenses). Explore how NTNX's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are up 18% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Nutanix (1 shouldn't be ignored!) that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.