FMP
May 30, 2024 12:03 PM - Davit Kirakosyan
Nutanix (NASDAQ:NTNX) reported third-quarter earnings that exceeded Wall Street expectations, yet its shares dropped by 12% in pre-market today due to weaker-than-expected guidance for the fourth quarter.
The company posted third-quarter earnings per share (EPS) of $0.28, beating the analyst estimate of $0.17. Revenue for the quarter was $524.6 million, surpassing the Street estimate of $515.96 million.
However, Nutanix's revenue forecast for the fourth quarter is between $530 million and $540 million, below the analyst consensus of $548.1 million. For the full fiscal year 2024, the company expects revenue to be in the range of $2.13 billion to $2.14 billion, slightly under the consensus estimate of $2.141 billion.
President and CEO Rajiv Ramaswami credited the strong third-quarter performance to disciplined execution and a robust business model. He pointed out the value of recent initiatives in modern applications and generative AI, along with expanded partnerships, as key enhancements to the Nutanix Cloud Platform's value proposition.
CFO Rukmini Sivaraman highlighted the company's balanced top and bottom-line performance, noting a 24% year-over-year increase in annual recurring revenue (ARR) and strong free cash flow generation so far this year.
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...