secwatch.observer — SEC 8-K summary
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Issuer:     Nutanix, Inc. (NTNX)
CIK:        0001618732
Form:       8-K
Filed at:   2024-05-29T23:59:59+00:00
Accession:  0000950170-24-065921
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nutanix Q3 FY2024: ARR $1.82B (+24% YoY), revenue $524.6M (+17%), beats guidance
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- ARR grew 24% YoY to $1.82B; ACV billings up 20% to $288.9M.
- Revenue $524.6M (+17% YoY); GAAP gross margin 84.8% (+320 bps).
- GAAP operating loss narrowed to $11.6M from $58.6M; non-GAAP OI $73.3M.
- Free cash flow $78.3M vs $52.7M YoY; year-to-date FCF strong.
- Company cited disciplined execution and generative AI innovation as growth drivers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618732/000095017024065921/0000950170-24-065921-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618732/000095017024065921/ntnx-20240529.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-065921

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