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Pure Storage(PSTG) - 2026 Q3 - Earnings Call Transcript
2025-12-02 23:02
Pure Storage (NYSE:PSTG) Q3 2026 Earnings Call December 02, 2025 05:00 PM ET Company ParticipantsCharles Giancarlo - CEORobert Lee - CTOTarek Robbiati - CFOPaul Ziots - VP of Investor RelationsConference Call ParticipantsKrish Sankar - AnalystAsiya Merchant - AnalystSamik Chatterjee - AnalystMatt Klypka - AnalystEric Martinuzzi - AnalystWamsi Mohan - AnalystHoward Ma - AnalystErik Woodring - AnalystAmit Daryanani - AnalystJames Fish - AnalystVictor Chiu - AnalystMehdi Hosseini - AnalystAaron Rakers - Analys ...
Pure Storage(PSTG) - 2026 Q3 - Earnings Call Transcript
2025-12-02 23:02
Pure Storage (NYSE:PSTG) Q3 2026 Earnings Call December 02, 2025 05:00 PM ET Company ParticipantsCharles Giancarlo - CEORobert Lee - CTOTarek Robbiati - CFOPaul Ziots - VP of Investor RelationsConference Call ParticipantsKrish Sankar - AnalystAsiya Merchant - AnalystSamik Chatterjee - AnalystMatt Klypka - AnalystEric Martinuzzi - AnalystWamsi Mohan - AnalystHoward Ma - AnalystErik Woodring - AnalystAmit Daryanani - AnalystJames Fish - AnalystVictor Chiu - AnalystMehdi Hosseini - AnalystAaron Rakers - Analys ...
Pure Storage(PSTG) - 2026 Q3 - Earnings Call Transcript
2025-12-02 23:00
Pure Storage (NYSE:PSTG) Q3 2026 Earnings Call December 02, 2025 05:00 PM ET Speaker2Good day and welcome to the Pure Storage third quarter fiscal 2026 financial results conference call. Today's conference is being recorded. All lines will be muted during the presentation portion of the call, with an opportunity for questions and answers at the end. If you would like to ask a question, please press star one on your telephone keypad. At this time, I'd like to turn the call over to Paul Ziots, Vice President ...
Pure Storage Stock Drops After Q3 Earnings: Details
Benzinga· 2025-12-02 22:29
Pure Storage Inc. (NYSE:PSTG) stock dropped in Tuesday's extended trading after the company released its third quarter earnings report. Here's a look at the details in the report. PSTG stock is moving. Watch the price action here.The Details: Pure Storage reported quarterly earnings of 58 cents per share, which met the consensus estimate, according to Benzinga Pro data.Quarterly revenue came in at $964.45 million, which beat the analyst estimate of $956.14 million.Read Next: Michael Burry Reveals Why He Clo ...
Pure Storage CEO talks quarterly results as stock slides on subscription revenue miss
CNBC Television· 2025-12-02 22:04
Pure Storage reporting results this hour. EPS coming in in line, revenue beating. The company sees fourth quarter revenue of 1.02% billion to 1.04% billion.That's a little ahead of estimates, but in overtime, the stock is dipping down 12% where it was just two uh two weeks ago, just above 80 bucks a share. Joining me now is Charlie Jim Carlo, Pure Storage CEO. Welcome.So, tell me about the quarter. Uh the numbers on the top and bottom lines look good, but perhaps investors concerned about the subscription b ...
Pure Storage CEO talks quarterly results as stock slides on subscription revenue miss
Youtube· 2025-12-02 22:04
Core Insights - Pure Storage reported earnings per share (EPS) in line with expectations and revenue that exceeded estimates, projecting fourth-quarter revenue between $1.02 billion and $1.04 billion, slightly ahead of forecasts [1] Financial Performance - The subscription business grew 25% year-over-year, now accounting for approximately 46% of total revenue, indicating strong growth in this segment [3][4] - Overall, the company experienced good growth across its product, subscription, and software businesses, particularly in the hyperscale environment [4] Market Trends - The hyperscale business is performing well, with expectations for continued expansion into other hyperscalers, driven by booming demand in this market [6][7] - Flash storage technology offers significant advantages, including lower power consumption and space requirements compared to traditional hard disk drives, which is crucial for power-constrained hyperscale companies [8][10] Industry Dynamics - The demand for storage solutions is increasing, particularly due to the AI opportunity, although supply chain constraints are affecting the entire industry [13] - As data centers undergo upgrades every 5 to 7 years, there is a significant opportunity for replacing older storage technologies with more efficient solutions [11][12]
Pure Storage(PSTG) - 2026 Q3 - Earnings Call Presentation
2025-12-02 22:00
Q3 Fiscal 2026 Financial Results December 2, 2025 Forward Looking Statements and Non-GAAP Information This presentation contains forward-looking statements regarding our products, business and operations, including but not limited to our views relating to our future period financial and business results, our opportunity relating to hyperscale and AI environments, our ability to meet hyperscalers' performance, price and other requirements, our ability to expand with our current hyperscale customer and to lan ...
Pure Storage(PSTG) - 2026 Q3 - Quarterly Results
2025-12-02 21:06
Exhibit 99.1 Pure Storage Announces Third Quarter Fiscal 2026 Financial Results Q3 total revenue growth of 16% year-over-year Increases full-year revenue and operating profit guidance SANTA CLARA, Calif. — December 2, 2025 — Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, today announced financial results for its third quarter fiscal year 2026 ended November 2, 2025. "Pure Storage delivered another strong quarter as global customers i ...
These 2 Data-Infrastructure Stocks Merit a Closer Look, Says Oppenheimer
Yahoo Finance· 2025-12-02 11:11
Core Insights - Nutanix is positioned as a leading cloud software company, offering a unified cloud platform that integrates compute, storage, virtualization, and networking, catering to various data management needs across on-premises, public clouds, and edge locations [2][4] - The global cloud infrastructure market was valued at over $262.7 billion last year, with projections indicating it could reach $837.97 billion by 2034, reflecting a compound annual growth rate (CAGR) above 12% [4] - Nutanix reported a revenue of $670.58 million in fiscal 1Q26, marking a 13.5% increase year-over-year, although it fell short of forecasts by $6 million [7] - The company has over 29,000 customers, including major corporations like Home Depot and Intel, highlighting its strong market presence [6] Company Overview - Nutanix's platform simplifies operations, enhances performance, and maintains control, which are essential for enterprises of all sizes [1] - The company leverages HyperConverged Infrastructure (HCI) technology, providing flexibility, scalability, and resilience, making it suitable for all applications [2] - The shift towards hybrid and multi-cloud architectures is driving demand for next-generation infrastructure providers, which Nutanix is well-positioned to meet [5] Financial Performance - Nutanix's non-GAAP EPS for the last reported quarter was $0.41, aligning with expectations [7] - Analyst Param Singh from Oppenheimer maintains a bullish outlook on Nutanix, citing its potential to benefit from the industry's shift towards HCI and the opportunity to displace VMware [8] - The current share price of Nutanix is $47.8, with an average target price of $71.17, indicating a potential one-year gain of 32% [8] Market Trends - Enterprises are undergoing significant infrastructure overhauls, rethinking data storage and management strategies, which is reshaping IT budgets [5] - The increasing importance of secure and flexible data storage solutions is driven by the rapid expansion of AI technologies [12] - The demand for unstructured data storage for AI applications is expected to grow, benefiting companies like Nutanix and Pure Storage [15]
Pure Storage Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - Pure Storage (NYSE:PSTG)
Benzinga· 2025-12-02 10:01
Pure Storage, Inc. (NYSE:PSTG) will release earnings results for the third quarter after the closing bell on Tuesday, Dec. 2.Analysts expect the Santa Clara, California-based company to report quarterly earnings at 58 cents per share, up from 50 cents per share in the year-ago period. The consensus estimate for Pure Storage's quarterly revenue is $956.48 million, compared to $831.07 million a year earlier, according to data from Benzinga Pro.On Nov. 4, Pure Storage named Patrick Finn as chief revenue office ...