Perfect. That was my follow-up. Thanks, Kevan. Paul Ziots Thank you, David. Next question, please? Our next question comes from Aaron Rakers from Wells Fargo. Please go ahead. Your line is open. Aaron Rakers Yeah. Thanks for taking the question. I apologize if I missed this earlier. I'm jumping on a few things here tonight. I'm curious about the AI discussion. There seems to be just, like, inflection around AI infrastructure, maybe vectoring for AI training, driving a lot of demand for increased capacity po ...

For the quarter ended April 2024, Pure Storage (PSTG) reported revenue of $693.48 million, up 17.7% over the same period last year. EPS came in at $0.32, compared to $0.08 in the year-ago quarter. The reported revenue represents a surprise of +1.78% over the Zacks Consensus Estimate of $681.37 million. With the consensus EPS estimate being $0.22, the EPS surprise was +45.45%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...

Pure Storage (PSTG) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 45.45%. A quarter ago, it was expected that this data storage company would post earnings of $0.45 per share when it actually produced earnings of $0.50, delivering a surprise of 11.11%. Over the last four quarters, ...

0.1 0.3 - % 0.2 Add: Duplicate lease costs during the transition of our corporate headquarters - % 0.1% Q1FY25 Pure Storage At A Glance Record Q1 for FlashBlade sales, including AI workloads. | --- | --- | --- | --- | |---------------------------------------------------------|-------------------------------------------------|------------------------------------------------------------------|------------------------------------------------------------------------------------| | | | | | | 2-5x* | 50%+* Lower ...

Pure Storage Announces First Quarter Fiscal 2025 Financial Results Q1 total revenue growth of 18%, year-over-year Subscription services ARR over $1.4 billion SANTA CLARA, Calif. – May 29, 2024 – Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced financial results for its first quarter fiscal year 2025 ended May 5, 2024. Exhibit 99.1 "Pure Storage is uniquely positioned to integrate fragmented data storage environments, wh ...

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. At present, Pure Storage boasts a Zacks Rank of #3 (Hold). Digging into valuation, Pure Storage currently has a Forward P/E ratio of 37.8. Its industry sports an average Forward P/E of 26.6, so one might conclude that Pure Storage is ...

Pure Storage, Inc (PSTG) is scheduled to report first-quarter fiscal 2025 results on May 29. PSTG expects revenues to be $680 million for the quarter, implying an increase of 15.4% from the year-ago figure. The Zacks Consensus Estimate is pegged at $681.4 million, suggesting an improvement of 15.6% from the prior-year level. The Zacks Consensus Estimate for earnings is pegged at 22 cents per share. The company reported earnings of 8 cents in the prior-year quarter. PSTG beat estimates in each of the last fo ...

Wall Street analysts expect Pure Storage (PSTG) to post quarterly earnings of $0.22 per share in its upcoming report, which indicates a year-over-year increase of 175%. Revenues are expected to be $681.37 million, up 15.6% from the year-ago quarter. Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Before a company announces its earnings, it is essential t ...

In the latest market close, Pure Storage (PSTG) reached $60.31, with a +0.67% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.27%. Meanwhile, the Dow experienced a drop of 0.51%, and the technology-dominated Nasdaq saw a decrease of 0.19%. Shares of the data storage company have appreciated by 15.66% over the course of the past month, outperforming the Computer and Technology sector's gain of 11.82% and the S&P 500's gain of 7.34%. The investment ...

Pure Storage (PSTG) recently announced that New Mexico State University ("NMSU") is deploying its leading-edge data storage solutions in an effort to revolutionize IT infrastructure and modernize the education journey for more than 25,000 students, staff members and faculties. NMSU is a leading name in the academic field that serves as a NASA Space-Grant College. In addition, it has a satellite learning center in Albuquerque, 12 agricultural research and science centers and the first Honors College in New M ...