Zacks.com users have recently been watching Pure Storage (PSTG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Three AI-backed computer storage device stocks in focus are: SMCI, WDC, PSTG.
Recently, Zacks.com users have been paying close attention to Pure Storage (PSTG). This makes it worthwhile to examine what the stock has in store.
PSTG's fiscal Q2 performance rides on robust demand for FlashBlade solutions, notably FlashArray//E and Flashblade //E offerings.
Pure Storage Inc (NYSE:PSTG) stock is moving sharply lower today, despite the data storage name reporting generally upbeat second-quarter results, including better-than-anticipated earnings and revenue.
Pure Storage, Inc. (NYSE:PSTG ) Q2 2025 Earnings Call Transcript August 28, 2024 5:00 PM ET Company Participants Paul Ziots - VP of IR Charlie Giancarlo - CEO Kevan Krysler - CFO Rob Lee - CTO Conference Call Participants Amit Daryanani - Evercore ISI Howard Ma - Guggenheim Securities Mike Cikos - Needham Jason Ader - William Blair Asiya Merchant - Citigroup Quinton Gabrielli - Piper Sandler Meta Marshall - Morgan Stanley Mehdi Hosseini - Susquehanna Jeff Koche - Raymond James Robert Mertens - TD Securities Eric Martinuzzi - Lake Street Capital Markets David Vogt - UBS Operator Good day and welcome to the Pure Storage Second Quarter Fiscal 2025 Financial Results Conference Call. Today's conference is being recorded.
Although the revenue and EPS for Pure Storage (PSTG) give a sense of how its business performed in the quarter ended July 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Pure Storage (PSTG) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.34 per share a year ago.
Get a deeper insight into the potential performance of Pure Storage (PSTG) for the quarter ended July 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Pure Storage's (PSTG) second-quarter performance is likely to have been driven by strong demand for the FlashBlade portfolio (including FlashBlade//E).
Pure Storage (PSTG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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.