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Pure Storage (PSTG) Q1 Earnings & Revenues Beat Estimates
PSTGPure Storage(PSTG) ZACKS·2024-05-30 21:30

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 ...