Pure Storage, Inc. (PSTG) Tops Q4 EPS by 6c, Beats on Revenues; Offers FY19 Revenue Mid-Point Above Consensus

Note: EPS may not be comparable

Pure Storage, Inc. (NYSE: PSTG) reported Q4 EPS of $0.13, $0.06 better than the analyst estimate of $0.07. Revenue for the quarter came in at $338.3 million versus the consensus estimate of $331.52 million.

Pure Storage's first quarter fiscal 2019 guidance is as follows:

• Revenue in the range of $246 million to $254 million
• Non-GAAP gross margin in the range of 63.5% to 66.5%
• Non-GAAP operating margin in the range of -13.0% to -9.0%

Pure Storage's full year fiscal 2019 guidance is as follows:

• Revenue in the range of $1.310 billion to $1.360 billion
• Non-GAAP gross margin in the range of 63.5% to 66.5%
• Non-GAAP operating margin in the range of 0% to 4%

GUIDANCE:

Pure Storage, Inc. sees FY2019 revenue of $1.31-1.36 billion, versus the consensus of $1.33 billion.

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

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