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Pure Storage(PSTG) - 2025 Q3 - Earnings Call Transcript
2024-12-04 01:04
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 - Pi ...
Pure Storage (PSTG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-12-04 00:01
For the quarter ended October 2024, Pure Storage (PSTG) reported revenue of $831.07 million, up 8.9% over the same period last year. EPS came in at $0.50, compared to $0.50 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $814.77 million, representing a surprise of +2.00%. The company delivered an EPS surprise of +16.28%, with the consensus EPS estimate being $0.43.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...
Pure Storage (PSTG) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-12-03 23:15
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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.28%. A quarter ago, it was expected that this data storage company would post earnings of $0.38 per share when it actually produced earnings of $0.44, delivering a surprise of 15.79%.Over the last four quarters, th ...
Pure Storage and Kioxia Collaborate to Drive Scalability, Efficiency, and Performance in Hyperscale Data Centers
Prnewswire· 2024-12-03 23:00
SANTA CLARA, Calif., Dec. 3, 2024 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced a collaboration with Kioxia Corporation ("Kioxia"), a world leader in memory solutions, to develop cutting-edge technology that addresses the growing demand for high-performance, scalable storage infrastructure among today's hyperscale environments.Industry Significance:Traditional storage solutions, particularly those rely ...
Pure Storage Stock Soars 20% After Data Player Beats On Earnings, Touts Hyperscaler Cloud Win
Investor's Business Daily· 2024-12-03 22:27
Pure Storage (PSTG) stock rocketed higher late Tuesday after the enterprise data storage company reported third-quarter earnings and sales that beat expectations. The company also said it had won a "design win" with a top-four hyperscale cloud provider for its DirectFlash data storage technology. Pure Storage said in a news release that it earned an adjusted 50 cents per share on sales of $831 million for its quarter that ended Nov. 3. Analysts polled by FactSet projected the Santa Clara, Calif.-based compa ...
Pure Storage(PSTG) - 2025 Q3 - Earnings Call Presentation
2024-12-03 21:52
| --- | --- | --- | |----------------|-------|-------| | | | | | | | | | | | | | | | | | Q3 Fiscal 2025 | | | Note about 52/53 week fiscal year: We use a 52/53 week fiscal year ending on the first Sunday after January 30. The FY22 period presented contains 53 weeks whereas all other fiscal year periods presented contain 52 weeks. Forward Looking Statements and Non-GAAP Information This presentation contains forward-looking statements regarding our products, business and operations, including but not limited ...
Pure Storage(PSTG) - 2025 Q3 - Quarterly Results
2024-12-03 21:07
Exhibit 99.1 Pure Storage Announces Third Quarter Fiscal 2025 Financial Results Awarded industry-first design win from a top-four hyperscaler SANTA CLARA, Calif. — December 3, 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 third quarter fiscal year 2025 ended November 3, 2024. "Pure Storage has achieved another industry first in our journey of data storage innovation with a transformat ...
Pure Storage Announces Third Quarter Fiscal 2025 Financial Results
Prnewswire· 2024-12-03 21:05
Awarded industry-first design win from a top-four hyperscalerSANTA CLARA, Calif., Dec. 3, 2024 /PRNewswire/ -- 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 third quarter fiscal year 2025 ended November 3, 2024."Pure Storage has achieved another industry first in our journey of data storage innovation with a transformational design win for our DirectFlash technology in a top-four hyperscaler ...
Pure Storage to Report Q3 Earnings: Here is What You Need to Know
ZACKS· 2024-11-29 14:10
Pure Storage, Inc (PSTG) is scheduled to report third-quarter fiscal 2025 earnings on Dec. 3, after the closing bell.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.PSTG expects revenues to be $815 million for the quarter, implying an increase of 6.8% from the year-ago figure. The Zacks Consensus Estimate is pegged at $814.8 million, indicating an improvement of 6.8% from the prior-year level.The Zacks Consensus Estimate for earnings is pegged at 43 cents per share, suggesting a dec ...
Gear Up for Pure Storage (PSTG) Q3 Earnings: Wall Street Estimates for Key Metrics
ZACKS· 2024-11-27 15:16
Analysts on Wall Street project that Pure Storage (PSTG) will announce quarterly earnings of $0.43 per share in its forthcoming report, representing a decline of 14% year over year. Revenues are projected to reach $814.77 million, increasing 6.8% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1.5% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this peri ...