Nutanix beats earnings and revenue estimates in Q4

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Nutanix,($NASDAQ:NTNX) Inc reported fourth quarter GAAP earnings of -$0.67 per share, which beat analysts’ estimates by $0.14. Revenue for the quarter came in at $385.5 million, beating estimates by $29.36 million. The company’s strong performance in the fourth quarter is likely to boost its stock price in the short-term. However, it is unclear if this will have a lasting effect on the company’s market value and earnings.

Market Price

Nutanix, Inc reported fourth quarter earnings and revenue that beat analyst estimates on Wednesday. NTNX stock opened at $18.30 and closed at $17.30 on the news.

VI Analysis

NUTANIX, INC. is a company with strong growth potential, but relatively weak profitability and asset management. Its cashflows and debt levels are also relatively low, making it less likely to be able to fund future operations or pay off debt obligations. As a result, NUTANIX, INC. is classified as a “cheetah” company one that achieved high revenue or earnings growth but is considered less stable due to lower profitability. High growth companies like NUTANIX, INC. are generally more volatile as they attempt to grow faster than their competitors.

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Summary

Nutanix, Inc reported fourth quarter earnings and revenue that beat analyst estimates. However, the stock price moved down the same day.