Pure Storage, Inc. (PSTG) Tops Q4 EPS by 6c, Sales Beat

(Updated - March 1, 2017 4:44 PM EST)

(update reflects EPS correction)

Pure Storage, Inc. (NYSE: PSTG) reported Q4 EPS of ($0.02), $0.06 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $227.9 million versus the consensus estimate of $224.47 million.

Key quarterly business and financial highlights include:

• Record quarterly revenue of $227.9 million, up 52% Y/Y, 2.2% above midpoint of guidance
• Record full year revenue of $728.0 million, up 65% Y/Y, 3.3% above midpoint of guidance
• Record quarterly operating leverage, GAAP margin of -18.6%, 10.0 ppts improvement Y/Y and non-GAAP margin of -1.9%, 12.0 ppts improvement Y/Y
• Positive momentum in unstructured data market with FlashBlade now generally available

For earnings history and earnings-related data on Pure Storage, Inc. (PSTG) click here.

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