Nutanix (NTNX) Tops Q4 EPS by 5c, Beats on Revenues

Nutanix (NASDAQ: NTNX) reported Q4 EPS of ($0.33), $0.05 better than the analyst estimate of ($0.38). Revenue for the quarter came in at $226.1 million versus the consensus estimate of $218.17 million.

Fourth Quarter Fiscal Year 2017 Financial Highlights

• Revenue: $226.1 million, growing 62% year-over-year from $139.8 million in the fourth quarter of fiscal 2016
• Billings: $289.2 million, growing 40% year-over-year from $206.6 million in the fourth quarter of fiscal 2016
• Net Loss: GAAP net loss of $90.7 million, compared to a GAAP net loss of $49.9 million in the fourth quarter of fiscal 2016; Non-GAAP net loss of $50.6 million, compared to a non-GAAP net loss of $46.7 million in the fourth quarter of fiscal 2016
• Net Loss Per Share: GAAP net loss per share of $0.59, compared to a pro forma GAAP net loss per share of $0.41 in the fourth quarter of fiscal 2016; Non-GAAP net loss per share of $0.33, compared to a pro forma non-GAAP net loss per share of $0.39 in the fourth quarter of fiscal 2016
• Cash and Short-term Investments: $349.1 million, up 88% from the fourth quarter of fiscal 2016
• Deferred Revenue: $526.1 million, up 77% from the fourth quarter of fiscal 2016
• Operating Cash Flow: $5.9 million, compared to $2.4 million in the fourth quarter of fiscal 2016
• Free Cash Flow: $(6.5) million, compared to $(6.5) million in the fourth quarter of fiscal 2016

Fiscal 2017 Financial Highlights

• Revenue: $766.9 million, growing 72% year-over-year from $444.9 million in fiscal 2016
• Billings: $990.5 million, growing 55% year-over-year from $637.8 million in fiscal 2016
• Net Loss: GAAP net loss of $458.0 million, compared to a GAAP net loss of $168.5 million in fiscal 2016; Non-GAAP net loss of $199.1 million, compared to a non-GAAP net loss of $150.4 million in fiscal 2016
• Net Loss Per Share: GAAP net loss per share of $3.57, compared to a GAAP net loss per share of $3.83 in fiscal 2016; pro forma GAAP net loss per share of $3.23, compared to a pro forma GAAP net loss per share of $1.40 in fiscal 2016; pro forma Non-GAAP net loss per share of $1.40, compared to a pro forma non-GAAP net loss per share of $1.25 in fiscal 2016
• Operating Cash Flow: $13.8 million, compared to $3.6 million in fiscal 2016
• Free Cash Flow: $(36.4) million, compared to $(38.7) million in fiscal 2016

For earnings history and earnings-related data on Nutanix (NTNX) click here.

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