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 ...

Pure Storage (PSTG) reported $763.77 million in revenue for the quarter ended July 2024, representing a yearover-year increase of 10.9%. EPS of $0.44 for the same period compares to $0.34 a year ago. The reported revenue represents a surprise of +0.95% over the Zacks Consensus Estimate of $756.59 million. With the consensus EPS estimate being $0.38, the EPS surprise was +15.79%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...

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. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 15.79%. A quarter ago, it was expected that this data storage company would post earnings of $0.22 per share when it actually produced earnings of $0.32, delivering a surprise of 45.45%. Over the last four quarters, ...

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Exhibit 99.1 Pure Storage Announces Second Quarter Fiscal 2025 Financial Results Q2 total revenue growth of 11% year-over-year Subscription services ARR growing 24% year-over-year SANTA CLARA, Calif. – August 28, 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 second quarter fiscal year 2025 ended August 4, 2024. "In a world where energy demands are soaring, the power savings of Pure St ...

Q2 total revenue growth of 11% year-over-year Subscription services ARR growing 24% year-over-year SANTA CLARA, Calif., Aug. 28, 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 second quarter fiscal year 2025 ended August 4, 2024. "In a world where energy demands are soaring, the power savings of Pure Storage alone make the move from hard disks to Pure technology a smart c ...

The upcoming report from Pure Storage (PSTG) is expected to reveal quarterly earnings of $0.38 per share, indicating an increase of 11.8% compared to the year-ago period. Analysts forecast revenues of $756.59 million, representing an increase of 9.9% year over year. The consensus EPS estimate for the quarter has undergone a downward revision of 4.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during thi ...

Pure Storage, Inc (PSTG) is scheduled to report second-quarter fiscal 2025 results on Aug 28. PSTG expects revenues to be $755 million for the quarter, implying an increase of 9.6% from the year-ago figure. The Zacks Consensus Estimate is pegged at $756.6 million, indicating an improvement of 9.9% from the prior-year level. The Zacks Consensus Estimate for earnings is pegged at 38 cents per share, implying a rise of 11.8% from the prior-year level. PSTG beat on earnings in each of the trailing four quarters ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Pure Storage (PSTG) , which belongs to the Zacks Computer- Storage Devices industry. When looking at the last two reports, this data storage company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 28.28%, on average, in the last two quarters. For the last reported quarter, Pure Storage came out with earnings ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Pure Storage (PSTG) reports results for the quarter ended July 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 28. O ...