secwatch.observer — SEC 8-K summary
======================================

Issuer:     Nutanix, Inc. (NTNX)
CIK:        0001618732
Form:       8-K
Filed at:   2024-02-28T23:59:59+00:00
Accession:  0000950170-24-022061
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nutanix Q2 FY24: Revenue $565M, ARR +26% YoY, first GAAP operating profit
-------------------------------------------------------------------------

- ARR reached $1.74B, up 26% YoY; ACV billings $329.5M, up 23% YoY.
- Revenue $565.2M (+16% YoY); GAAP operating income $37M vs loss $56.5M prior year.
- Non-GAAP operating income $123.9M; free cash flow $162.6M vs $63M a year ago.
- GAAP gross margin 85.6% (82.2% Q2 FY23); non-GAAP 87.3% (84.8%).
- CEO cites disciplined execution; CFO notes first-time GAAP operating profitability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618732/000095017024022061/0000950170-24-022061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618732/000095017024022061/ntnx-20240228.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-022061

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer