Pure Storage shares rallied 22% before the bell after announcing a contract with a top tier hyperscaler.
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'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. (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.
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) 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.
Pure Storage CEO Charles Giancarlo, joins 'Closing Bell: Overtime' to discuss company earnings and outlook.
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.
PSTG's third-quarter performance is likely to have benefited from continued demand for the FlashBlade portfolio (including FlashBlade//E).
Beyond analysts' top -and-bottom-line estimates for Pure Storage (PSTG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended October 2024.
The latest trading day saw Pure Storage (PSTG) settling at $54.60, representing a +1.6% change from its previous close.
Pure Storage (PSTG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.