Pure Storage's Q2 Earnings & Revenues Beat Estimates, Stock Tanks
PSTGPure Storage(PSTG) ZACKS·2024-08-29 23:21

Pure Storage (PSTG) reported non-GAAP earnings per share (EPS) of 44 cents for second-quarter fiscal 2025, which beat the Zacks Consensus Estimate by 15.8%. The company reported non-GAAP EPS of 34 cents in the prior-year quarter. Total revenues soared 11% from the year-ago quarter to $763.8 million and beat the Zacks Consensus Estimate by 1%. The top-line expansion stemmed from healthy demand trends across the data storage platform as customers shift cost-sensitive workloads to all-flash. Steady momentum in ...