The exciting news about Nutanix, Inc. (NASDAQ: NTNX) will be shared on Wednesday 28th August 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the fourth quarter of 2024. This significant announcement will happen after market close.
Wall Street financial analysts are foreseeing that the organization is likely to announce an estimated per share $0.20 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $536.94 million during the quarter.
During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $0.24. This significant amount was the outcome of the company's total revenue, which reached an impressive $494.21 million during that particular timeframe.
The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $2.14 billion. Additionally, the earnings per share for the company are also anticipated to reach profit of $1.23 over the course of the fiscal year.
The business has scheduled a conference call on 28th August 2024 at 04:30 PM eastern time to discuss Q4 financial results.
During Friday's trading, Nutanix (NTNX) shares reached a low of $52.45 and a high of $53.47, along with a total volume of 1.36 million shares. The stock ended the regular trading session at $53.35, marking a rise of 1.41 percent.
