Nimble Storage (NMBL) reported earnings Tue 24 May 2016 (a/h)

** charts before earnings **

  

** charts after earnings **

  

Nimble Storage beats by $0.02, beats on revs; guides Q2 EPS in-line, revs above consensus:

• Reports Q1 (Apr) loss of $0.24 per share, excluding non-recurring items, $0.02 better than the Capital IQ Consensus of ($0.26); revenues rose 21.2% year/year to $86.4 mln vs the $84.6 mln Capital IQ Consensus.
• Co issues guidance for Q2, sees EPS of ($0.21) - ($0.19) vs. ($0.20) Capital IQ Consensus Estimate; sees Q2 revs of $93-96 mln vs. $92.75 mln Capital IQ Consensus Estimate.  Co sees Q2 Non-GAAP operating loss in the range of $16.0 to $18.0 million.
• Non-GAAP gross margin for the first quarter of fiscal 2017 was 65.7% compared to 67.6% in the first quarter of fiscal 2016.
• "We saw steady progress in larger deals greater than $250K, which were up 51% year-over-year, and continued growth in our customer base, which was up 48% year-over-year."