Nutanix (NTNX) reported fiscal Q1 non-GAAP earnings late Tuesday of $0.42 per diluted share, up from $0.29 a year earlier.

Analysts polled by FactSet expected $0.32.

Revenue for the quarter ended Oct. 31 was $591.0 million, up from $511.1 million a year earlier.

Analysts surveyed by FactSet expected $571.7 million.

The company said it expects fiscal Q2 revenue of $635 million to $645 million. Analysts surveyed by FactSet are looking for $631.2 million.

For fiscal 2025, it continues to project revenue of about $2.44 billion to $2.47 billion. Analysts surveyed by FactSet expect $2.45 billion.

Shares of the company were up 7.7% in after-hours activity.

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