Pure Storage: Q3 Earnings Insights

Pure Storage, Inc. Class A +1.73%

Pure Storage, Inc. Class A

PSTG

61.05

+1.73%

Pure Storage (NYSE:PSTG) reported its Q3 earnings results on Wednesday, November 29, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Pure Storage beat estimated earnings by 25.0%, reporting an EPS of $0.5 versus an estimate of $0.4.

Revenue was up $86.79 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 0.3% increase in the share price the next day.

Here's a look at Pure Storage's past performance:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate 0.28 0.04 0.39 0.25
EPS Actual 0.34 0.08 0.53 0.31
Revenue Estimate 680.07M 559.34M 811.13M 665.02M
Revenue Actual 688.67M 589.31M 810.21M 676.05M

To track all earnings releases for Pure Storage visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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