Nutanix ended the fourth quarter of fiscal 2019 with 14,960 total customers and closed a record high of 66 deals worth more than $1 million.
For the second quarter of 2020, Nutanix expects non-GAAP net loss per share of approximately $0.70. Software and Support revenue is targeted to be between $330 million and $335 million and Software and Support billings is expected to be between $410 million and $420 million.
For fiscal 2020, the San Jose, California-based tech firm expects Software and Support billings of $1.65 billion and $1.75 billion and Software and Support revenue to be in the range of $1.30 billion and $1.40 billion.
“Our last two quarters of solid execution position us well to deliver on our growth plans for fiscal 2020”, said CFO Duston Williams.
Nutanix shares have gained 46% in the past three months and have dropped 31% since the beginning of 2019.