Pure Storage, Inc. (PSTG) Tops Q2 EPS by 7c, Revenues Beat; Offers FY19 Revenue Outlook

Pure Storage, Inc. (NYSE: PSTG) reported Q2 EPS of $0.01, $0.07 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $308.9 million versus the consensus estimate of $301.3 million.

"Pure has delivered another exceptional quarter, with all measures exceeding our Q2 guidance ranges," said Charles Giancarlo, CEO, Pure Storage. "Our continued focus on enabling customers to succeed in a data-centric world is working and validated, maintaining Pure\'s lead in the data storage market."

"Q2 was another strong quarter for Pure," said Tim Riitters, CFO, Pure Storage. "Growth was strong, gross margins were the highest in history, and we achieved another profitable quarter."

GUIDANCE:

Pure Storage, Inc. sees FY2019 revenue of $1.35-1.38 billion, versus the consensus of $1.36 billion.

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

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