Investing.com - Nutanix reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Nutanix announced earnings per share of $-0.17 on revenue of $385.54M. Analysts polled by Investing.com EPS of $-0.3799 on revenue of $355.3M.
Nutanix 's are down 48% and is trading at $17.30 , still down 61.12% from its 52 week high of $44.50 set on Tuesday, September 7, 2021.
Nutanix follows other major Information Technology sector earnings this month
Nutanix's report follows an earnings beat by NVIDIA on Wednesday, August 24, 2022, who reported EPS of $0.51 on revenue of $6.7B, EPS of $0.4991 on revenue of $6.7B.
Cisco had beat expectations on Wednesday, August 17, 2022 with fourth quarter EPS of $0.83 on revenue of $13.1B, for EPS of $0.8162 on revenue of $12.73B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar