. .
Nutanix Inc. .
NTNX,
Shares rebounded in Monday’s extended session after the cloud software company’s results and forecasts surpassed Wall Street’s estimates. Nutanix stock, which was up more than 10% according to the report, last rose 7%. 5% after hours, after closing the apartment at $ 28. 47 in the regular session. The company reported a loss of $ 265 million, or $ 1, for the first quarter. 31 per share, compared to a loss of $ 229. 3 million or $ 1. 21 per share in the same period last year. Adjusted loss, which excluded share-based compensation expenses and other items, was 44 cents per share. Sales fell to $ 312. 8 million out of $ 314. 8 million in the year-ago quarter while annual contract value settlements increased 10% to $ 137. 8 million. Nutanix defines ACV billing as “the total annualized value of a contract, excluding amounts related to professional services and hardware. Analysts surveyed by FactSet had forecast a loss of 57 cents per revenue share of $ 298. 4 million and ACV bills of $ 119. 7 million. Nutanix expects ACV bills of $ 145 million to $ 148 million for the second quarter, while analysts had forecast $ 134. 4 million.
shares of Tesla Inc. . rebounded at record levels on Monday after Wedbush analyst Dan Ives raised his base price target and envisioned a scenario in which the electric vehicle leader’s stock was 1. Reached $ 000.
Wallace Witkowski joined MarketWatch from the Associated Press in New York, where he worked as a pharmaceutical company business reporter. Before that, he reported for specialist publications on the pharmaceutical and medical device industry until 1998. He lives in San Francisco and focuses on U. . S.. . shares. Follow Wally on Twitter at: @wmwitkowski.
By using this website you agree to this
Subscriber Agreement & Terms of Use,
Privacy Policy and
Cookie Notice.
Intraday data is provided by FACTSET and is subject to the terms of use.
Historical and current end-of-day data from FACTSET.
All offers are in local exchange time.
Last real-time sales data for U. . S.. . Stock market prices only reflect trades reported through Nasdaq.
Intraday data was delayed by at least 15 minutes or as per exchange requirements.
Nutanix, NASDAQ: NTNX, Stocks, Cloud Computing, Earnings Per Share
World News – USA – Nutanix stocks rally as results, Outlook above Street View
. . Related title :
– Nutanix stock rallies as results, outlook above street view
– Nutanix Inc. . (NTNX) rise 7. 96% in a week: will this be a happy breakthrough?
– Nutanix reports on financial results for the first quarter of fiscal year 2021
– Nutanix Exceeds First Quarter Expectations, Reduced Loss
– Nutanix Stock Pops As Cloud Network Software Maker Narrows Loss, Revenue Beats
– Nutanix (NTNX) beats Q1 EPS by 13c, sales beat Snapshot
– Nutanix EPS Beats By $ 0. 13, Beats On Sales
– Nutanix Inc reports Qtrly Loss Per Share $ 1. 31
– Summary: Nutanix Q1 Earnings
Ref: https://www.marketwatch.com
