Nutanix Inc - Ordinary Shares - Class A

Strong Financial Performance: Nutanix reported a record quarterly revenue of $655 million for Q2 FY2025, exceeding guidance of $635-$645 million, representing a 16% year-over-year growth. ARR grew 19% year-over-year to $2.06 billion, surpassing the $2 billion milestone.

Improved New Logo Growth: The company experienced substantial traction in new customer acquisitions, with over 50% growth in new logos for the second consecutive quarter, highlighting successful go-to-market strategies and rising competitive displacements.

Raising Full-Year Guidance: Nutanix increased its fiscal year 2025 guidance, projecting revenue of $2.495 billion to $2.515 billion (up from prior guidance) and non-GAAP operating margins of approximately 17.5% to 18.5%. This reflects confidence in current business momentum and continued investments.