Nutanix (NTNX) Q2 Earnings Top Estimates, Revenues Rise Y/Y

Nutanix (NTNX) reported non-GAAP second-quarter fiscal 2024 earnings of 46 cents per share, surpassing the Zacks Consensus Estimate by 58.62%. The company had delivered an adjusted earnings per share of 12 cents in the year-ago quarter.Nutanix’s revenues climbed 16% year over year to $565.2 million, beating the Zacks Consensus Estimate by 2.43$545-$555 million.The top line was primarily driven by growth in NTNX’s core hyper-converged infrastructure software and the solid adoption o ...