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

Issuer:     Nutanix, Inc. (NTNX)
CIK:        0001618732
Form:       8-K
Filed at:   2023-11-29T23:59:59+00:00
Accession:  0001157523-23-001783
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nutanix Q1 FY2024: ACV Billings +24% YoY to $287M; Non-GAAP OI $79.5M
---------------------------------------------------------------------

- ACV Billings $287.2M, up 24% YoY; ARR $1.66B, up 30% YoY.
- Revenue $511.1M (+18% YoY); GAAP operating loss narrowed to $(5.7)M from $(80.7)M.
- Non-GAAP operating income $79.5M vs. $10.2M a year ago; free cash flow $132.5M up from $45.8M.
- GAAP gross margin 84.0% (up 300 bps); non-GAAP gross margin 85.9% (up 250 bps).
- Management cited solid execution, large market opportunity, and ramping partnerships.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618732/000115752323001783/0001157523-23-001783-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618732/000115752323001783/a53863813.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-001783

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