Pure Storage: Q3 Earnings Insights

+1.66%

Pure Storage, Inc. Class A

PSTG

56.93

+1.66%

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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