For its first quarter, which ended Oct. 31, the hyperconverged infrastructure vendor — which prefers to describe itself as the builder of an enterprise cloud operating system —reported revenues of $166.8 million, compared with $87.8 million in the same quarter a year ago, a jump of 90 percent.
Bookings, which indicate future revenues, grew at about the same pace. First-quarter bookings were $239.8 million, up from $128.3 million a year ago.
Losses were expected to be particularly large this quarter, partly due to aggressive hiring, Raymond James analyst Simon Leopold wrote in a research note earlier this month.
Net losses for the quarter totaled $162.2 million, or $2.18 per share, compared with $38.5 million, or 90 cents per share, a year ago.
Non-GAAP losses of 37 cents were better than the losses of 44 cents predicted by analysts, according to Thomson Financial.
For its second quarter, which ends in January, Nutanix is predicting revenues of $175 million to $180 million.
Nutanix shares were down 2 percent at $33.30 in early after-hours trading.