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0.000304878048780427 0 0.00899390243902422 0.00998475609756099 0.00327743902439008 -0.0106707317073171 -0.0166158536585366 -0.00471646341463431
Stock impact report

Pure Storage Q3 Earnings & Revenues Beat, Stock Up on Raised Outlook [Yahoo! Finance]

Pure Storage, Inc. Class A (PSTG) 
Last pure storage, inc. class a earnings: 2/27 04:02 pm Check Earnings Report
US:NYSE Investor Relations: investor.purestorage.com
Company Research Source: Yahoo! Finance
Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Quarterly revenues jumped 9% from the year-ago quarter to $831.1 million, beating the Zacks Consensus Estimate by 2%. The top line outperformed management's guidance owing to higher demand for FlashArray//E, Flashblade//E and FlashArray//C solutions that empower users to transition their cost-sensitive workloads to all-flash storage. Strong growth in renewals of Evergreen subscriptions further fueled the expansion. One of the major highlights for Pure Storage in the quarter is a transformational design win for its DirectFlash technology with a top-four hyperscaler. This milestone allows PSTG to become the standard for hyperscaler online storage, offering top performance, scalability, lower costs and reduced power use. It also deepened its partnership with Kioxia, a global leader in NAND Flash technology, to accelerate the development of high-performance, scalable storage solutions for the future. Pure Sto Show less Read more
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