Pure Storage: Ready To Capitalize On The Significant AI Storage Opportunity
Pure Storage(PSTG) Seeking Alpha·2024-05-31 15:55
Vladimir_Timofeev/iStock via Getty Images Pure Storage reported a strong Q1 quarter recently, with both top and bottom-line beats. The company reported revenue of $694 million (+18% YoY), beating consensus by $13 million. Non-GAAP EPS was $0.32, a $0.11 beat. The company also maintained its FY 2025 guidance of $3.1 billion. See below the results: PSTG price performance (Seeking Alpha) Pure Storage Q1 earnings (Seeking Alpha) Market Opportunity - Pure Storage Gaining Share The ESS market size is worth around ...