10-Q quarterly report · filed Mar 15, 2018

Nutanix Inc (NTNX) Q1 2018 10-Q Quarterly Report

Short answer

Nutanix Inc (NTNX) filed its Q1 2018 10-Q quarterly report on Mar 15, 2018 for the quarter ended Jan 31, 2018.

Nutanix Inc Q1 2018 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $286.7M, up $87.5M, 43.9% YoY
  • Gross margin 62.2% vs 61.4% YoY, operating margin (20.9)% vs (37.8)%
  • Product revenue $223.2M, up $65.0M; support revenue $63.6M, up $22.6M
  • Operating cash flow $46.4M vs $19.8M; free cash flow $32.4M vs $7.1M
  • Outlook: software-only transition, DRAM supply constraints and rising component costs through April 30, 2018

Risk Factors

  • New GDPR exposure: EU General Data Protection Regulation effective May 2018, with stringent requirements and large noncompliance penalties
  • Most material update, manufacturing capacity risk: Flextronics agreement signed November 2017, replacing reliance on Super Micro agreement expiring May 2018
  • Near-term margin risk: DRAM prices increased and NAND prices remained high through first half of fiscal 2018 due to supply constraints
  • Financial liquidity risk: 0% Convertible Senior Notes due 2023 may require cash settlement upon conversion, repurchase, or maturity
  • Currency risk: 42% of full-time employees outside the United States, with foreign-currency operating expenses and no hedging arrangements

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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