
Nutanix, Inc. reported strong second-quarter earnings for fiscal year 2025, with revenue reaching $654.7 million and an annual recurring revenue (ARR) of $2.06 billion. The company's adjusted earnings per share (EPS) was $0.56, exceeding expectations. CEO Rajiv Ramaswami noted that the results reflect outperformance across guided metrics, with a year-over-year ARR growth of 19%. In after-hours trading, Nutanix shares rose by 12%. Meanwhile, Pure Storage, Inc. also announced its fourth-quarter earnings, with revenue of $879.8 million, an 11% increase year-over-year, and subscription services revenue of $385.1 million, up 17% year-over-year. The adjusted EPS was reported at $0.45, beating estimates of $0.41. The company authorized up to $250 million in additional share buybacks. Elastic N.V. reported third-quarter earnings with total revenue of $382 million, a 17% year-over-year increase, and Elastic Cloud revenue of $180 million, up 26% year-over-year. The adjusted EPS was $0.63, while the company expects fourth-quarter revenue to be between $379 million and $381 million. In contrast, NetApp, Inc. faced challenges with its third-quarter results, reporting revenues of $1.64 billion, which missed expectations, and adjusted EPS of $1.91. The company’s outlook for the full year was also reduced, leading to a 15% decline in its stock price in pre-market trading.
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