earnings
confidence high
sentiment positive
materiality 0.75
Nutanix Q2 FY2022: Revenue up 19% to $413.1M, ACV billings +37%
Nutanix, Inc.
2023-Q2 EPS reported
-$2.47
revenue$791,598,000
- ACV billings $217.9M (+37% YoY); ARR $1.04B (+55% YoY).
- Revenue $413.1M (+19% YoY); GAAP gross margin 80.6% (+110 bps), Non-GAAP 83.8% (+110 bps).
- Free cash flow positive $17.2M vs -$28.5M in prior-year quarter.
- GAAP operating expenses down 1% YoY; non-GAAP down 2% YoY.
- Record ACV billings driven by renewal growth; average contract term 3.1 years.