Key Points PSTG Pure Storage stock is moving higher after the company delivered a solid earnings report that included raised guidance for the rest of the year. The company's flash memory-based server storage solutions with advanced management software are becoming a complement or alternative to traditional data centers. Analysts are bidding PSTG stock higher, and there could be as much as 28% upside for the stock. 5 stocks we like better than Pure Storage Pure Storage Inc. NYSE: PSTG delivered a stellar fir ...

Pure Storage (PSTG) reported non-GAAP earnings per share (EPS) of 32 cents in first-quarter fiscal 2024, which beat the Zacks Consensus Estimate by 45.5%. The company reported non-GAAP EPS of 8 cents in the prior-year quarter. Total revenues surged 18% from the year-ago quarter to $693.5 million and beat the Zacks Consensus Estimate by 1.8%. The top-line performance was driven by higher sales to new and existing enterprise customers across the data storage platform. Robust demand for FlashBlade solutions, i ...

Perfect. That was my follow-up. Thanks, Kevan. Paul Ziots Thank you, David. Next question, please? Our next question comes from Aaron Rakers from Wells Fargo. Please go ahead. Your line is open. Aaron Rakers Yeah. Thanks for taking the question. I apologize if I missed this earlier. I'm jumping on a few things here tonight. I'm curious about the AI discussion. There seems to be just, like, inflection around AI infrastructure, maybe vectoring for AI training, driving a lot of demand for increased capacity po ...

For the quarter ended April 2024, Pure Storage (PSTG) reported revenue of $693.48 million, up 17.7% over the same period last year. EPS came in at $0.32, compared to $0.08 in the year-ago quarter. The reported revenue represents a surprise of +1.78% over the Zacks Consensus Estimate of $681.37 million. With the consensus EPS estimate being $0.22, the EPS surprise was +45.45%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...

Pure Storage (PSTG) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 45.45%. A quarter ago, it was expected that this data storage company would post earnings of $0.45 per share when it actually produced earnings of $0.50, delivering a surprise of 11.11%. Over the last four quarters, ...

0.1 0.3 - % 0.2 Add: Duplicate lease costs during the transition of our corporate headquarters - % 0.1% Q1FY25 Pure Storage At A Glance Record Q1 for FlashBlade sales, including AI workloads. | --- | --- | --- | --- | |---------------------------------------------------------|-------------------------------------------------|------------------------------------------------------------------|------------------------------------------------------------------------------------| | | | | | | 2-5x* | 50%+* Lower ...

财务业绩 - Pure Storage 宣布2025财年第一季度财务业绩，总收入同比增长18%[1] - 第一季度营收为6.935亿美元，同比增长18%[2] - 订阅服务营收为3.461亿美元，同比增长23%[2] - 订阅ARR为14亿美元，同比增长25%[2] - 剩余履约义务（RPO）为23亿美元，同比增长27%[2] - 非GAAP毛利率为73.9%[2] - Q1经营现金流为2.215亿美元，自由现金流为1.727亿美元[2] 财务展望 - 第二季度营收预计为7.55亿美元，年增长率为9.6%[6] - 2025财年营收预计为31亿美元，年增长率为10.5%[6] 财务细节 - 2025财年第一季度，Pure Storage公司的产品收入为347,384千美元，同比增长12.5%[24] - 2025财年第一季度，Pure Storage公司的订阅服务收入为346,095千美元，同比增长23.5%[24] - 2025财年第一季度，Pure Storage公司的总收入为693,479千美元，同比增长17.7%[24] - 2025财年第一季度，Pure Storage公司的产品成本为100,753千美元，同比增长4.7%[24] - 2025财年第一季度，Pure Storage公司的订阅服务成本为97,020千美元，同比增长21.6%[24] - 2025财年第一季度，Pure Storage公司的总毛利为495,706千美元，同比增长19.8%[24] - 2025财年第一季度，Pure Storage公司的研发支出为193,820千美元，同比增长4.5%[24] - 2025财年第一季度，Pure Storage公司的销售和营销支出为250,972千美元，同比增长8.0%[24] - 2025财年第一季度，Pure Storage公司的总营业支出为537,480千美元，同比增长10.8%[24] - 2025财年第一季度，Pure Storage公司的净现金提供量为221,500千美元，同比增长27.8%[25]

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. At present, Pure Storage boasts a Zacks Rank of #3 (Hold). Digging into valuation, Pure Storage currently has a Forward P/E ratio of 37.8. Its industry sports an average Forward P/E of 26.6, so one might conclude that Pure Storage is ...

Pure Storage, Inc (PSTG) is scheduled to report first-quarter fiscal 2025 results on May 29. PSTG expects revenues to be $680 million for the quarter, implying an increase of 15.4% from the year-ago figure. The Zacks Consensus Estimate is pegged at $681.4 million, suggesting an improvement of 15.6% from the prior-year level. The Zacks Consensus Estimate for earnings is pegged at 22 cents per share. The company reported earnings of 8 cents in the prior-year quarter. PSTG beat estimates in each of the last fo ...

Wall Street analysts expect Pure Storage (PSTG) to post quarterly earnings of $0.22 per share in its upcoming report, which indicates a year-over-year increase of 175%. Revenues are expected to be $681.37 million, up 15.6% from the year-ago quarter. Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Before a company announces its earnings, it is essential t ...