10 Firms Stayed Strong Amid Market Bloodbath

5. Nutanix Inc. (NASDAQ:NTNX)

Nutanix’s share prices jumped by 10.37 percent to finish at $76.54 apiece as investor sentiment was fueled by its impressive earnings performance during the last quarter.

In a statement, NTNX said net income for the second quarter ended January 31, 2025, spiked by 72 percent to $56.4 million from $32.8 million, while net income for the second half of the year expanded by 410 percent to $86.35 million from $16.94 million.

Revenues in the same comparable quarter improved by 15.8 percent to $654.7 million from $565.2 million, while revenues for the second half declined by 15.7 percent to $1.245 billion from $1.076 billion.

For the third quarter, NTNX said it expects revenues to settle between $620 million and $630 million, while revenues for the full year were pegged at a range of $2.495 billion to $2.515 billion.