secwatch.observer — SEC 8-K summary
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Issuer:     Nutanix, Inc. (NTNX)
CIK:        0001618732
Form:       8-K
Filed at:   2023-05-24T23:59:59+00:00
Accession:  0001157523-23-000905
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nutanix Q3 FY2023 ACV Billings +17% YoY, completes audit probe, files Q2 10-Q
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- Q3 ACV Billings $239.8M (+17% YoY); ARR $1.47B (+32%); Revenue $448.6M (+11%).
- Non-GAAP operating income $7.0M vs loss $5.8M; Free cash flow $42.5M vs ($20.1M).
- Audit committee found non-compliant evaluation software use over multi-year period.
- Cumulative $11M expense accrued; ongoing annual impact low-single-digit millions.
- Material weakness in internal controls identified; filed delinquent Q2 FY2023 10-Q.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618732/000115752323000905/0001157523-23-000905-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618732/000115752323000905/a53406069.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-000905

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