Pure Storage, Inc. (PSTG) Reports Q3 EPS of $0.13, Revenues Beat; Offers FY19 Revenue Guidance

Pure Storage, Inc. (NYSE: PSTG) reported Q3 EPS of $0.13, versus $0.00 reported last year. Revenue for the quarter came in at $372.8 million versus the consensus estimate of $367.36 million.

"Pure delivered another excellent quarter, and today we're announcing the extension of Pure's data centric architecture to the cloud,\" said Charles Giancarlo, Chairman and CEO, Pure Storage. "With the launch of our new Pure Storage Cloud Data Services, we\'re bringing our storage software directly to the public cloud in partnership with AWS."

"Q3 was a strong quarter for Pure with revenue and margins exceeding our expectations," said Tim Riitters, CFO, Pure Storage. "As we finish the fiscal year we are excited about the opportunities ahead, and have raised FY19 guidance to reflect the momentum we are seeing in our business."

GUIDANCE:

Pure Storage, Inc. sees FY2019 revenue of $1.376-1.384 billion, versus the consensus of $1.378 billion.

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

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