Why Pure Storage Stock Is Sailing Higher After Earnings
Pure Storage stock is surging after the data storage firm beat earnings expectations and announced a deal with a major technology company. Here's what you need to know.
Pure Storage Q3: Sell This Spike (Rating Downgrade)
I'm downgrading Pure Storage, Inc. to a sell rating (from a previous buy) after the stock's post-Q3 earnings rally. Pure Storage has surged over 80% YTD, driven by strong AI tailwinds and robust Q3 earnings, prompting a reassessment of its portfolio fit. The company is seeing declining gross margins that is actually leading to a y/y reduction in pro forma operating profit dollars.
Why Pure Storage Stock Is Skyrocketing Today
Pure Storage (PSTG 26.00%) stock is making big gains in Wednesday's trading. The company's share price was up 23.9% as of 10:30 a.m.
Pure Storage Q3 Earnings & Revenues Beat, Stock Up on Raised Outlook
PSTG's fiscal Q3 2025 performance gains from steady growth across its FlashArray and FlashBlade offerings and strong renewals of Evergreen subscriptions.
AI play Pure Storage soars 22% after touting it won a contract with an unnamed big tech company
Pure Storage shares rallied 22% before the bell after announcing a contract with a top tier hyperscaler.
Pure Storage Stock Soars. This Game-Changing News Overshadowed Earnings.
When a stock jumps 20% after a company's earnings, it's typically down to the numbers. That's not the case with Pure Storage on Wednesday.
Pure Storage teams up with Kioxia
Pure Storage's APAC VP Nathan Hall talks about the company's hyperscaler deal with Japan's Kioxia, and how it's addressing the needs of the booming AI market.
Pure Storage, Inc. (PSTG) Q3 2025 Earnings Call Transcript
Pure Storage, Inc. (NYSE:PSTG ) Q3 2025 Earnings Call Transcript December 3, 2024 5:00 PM ET Company Participants Paul Ziots - VP of IR Charlie Giancarlo - CEO Kevan Krysler - CFO Robert Lee - CTO Conference Call Participants Amit Daryanani - Evercore ISI Aaron Rakers - Wells Fargo Howard Ma - Guggenheim Securities Pinjalim Bora - JPMorgan Simon Leopold - Raymond James Sreekrishnan Sankarnarayanan - TD Cowen Mehdi Hosseini - Susquehanna Paramveer Singh - Oppenheimer Asiya Merchant - Citigroup James Fish - Piper Sandler Wamsi Mohan - Bank of America Meta Marshall - Morgan Stanley Eric Martinuzzi - Lake Street Capital Markets Timothy Long - Barclays Bank David Vogt - UBS Operator Good day, and welcome to Pure Storage Third Quarter Fiscal 2025 Financial Results Conference Call. Today's conference is being recorded.
Pure Storage (PSTG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Pure Storage (PSTG) give insight into how the company performed in the quarter ended October 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Pure Storage (PSTG) Tops Q3 Earnings and Revenue Estimates
Pure Storage (PSTG) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.50 per share a year ago.
We're seeing good growth in the business, says Pure Storage CEO
Pure Storage CEO Charles Giancarlo, joins 'Closing Bell: Overtime' to discuss company earnings and outlook.
Pure Storage Stock Soars 20% After Data Player Beats On Earnings, Touts Hyperscaler Cloud Win
Pure Storage's earnings and sales topped estimates while the company touted a cloud 'design win.' The post Pure Storage Stock Soars 20% After Data Player Beats On Earnings, Touts Hyperscaler Cloud Win appeared first on Investor's Business Daily.
