Pure Storage, Inc. (PSTG) Tops Q3 EPS by 1c

Pure Storage, Inc. (NYSE: PSTG) reported Q3 EPS of $0.01, $0.01 better than the analyst estimate of $0.00. Revenue for the quarter came in at $410.6 million versus the consensus estimate of $406.48 million.

Guidance:

Consistent with the prior quarter, Pure is sharing its internal expectations of Q4 business outlook, but will not provide formal guidance due to the resurgence and continued uncertainty of COVID-19.

Pure's current internal view of fiscal Q4 outcomes, which should not be viewed as guidance, is that total revenue for Q4 will be $480 million, a decline of two percent year-over-year. With the current view of revenue, Pure believes non-GAAP operating profit will be approximately $26 million in Q4.

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

You May Also Be Interested In

• FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
• Synopsys upgraded at Piper Sandler on Intel foundry momentum, Apple opportunity
• Cerebras Systems posts 94% revenue jump, announces OpenAI deal