Benzinga | Nov 23, 2020 04:03PM EST

Nutanix Q1 EPS $(0.44) Beats $(0.57) Estimate, Sales $312.80M Beat $299.24M Estimate

Nutanix (NASDAQ:NTNX) reported quarterly losses of $(0.44) per share which beat the analyst consensus estimate of $(0.57) by 22.81 percent. This is a 38.03 percent increase over losses of $(0.71) per share from the same period last year. The company reported quarterly sales of $312.80 million which beat the analyst consensus estimate of $299.24 million by 4.53 percent. This is a 0.63 percent decrease over sales of $314.77 million the same period last year.