Pure Storage(PSTG)

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Pure Storage Introduces FlashBlade//EXA™, the World's Most Powerful Data Storage Platform for AI and High-Performance Computing
Prnewswire· 2025-03-11 13:00
Purpose-built to bring unmatched performance, scalability and power of FlashBlade technology to next-generation, GPU-intensive AI and HPC workloadsSANTA CLARA, Calif., March 11, 2025 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today debuted FlashBlade//EXA™, the industry's highest performing data storage platform engineered for the most demanding requirements of AI and High-Performance Computing (HPC). While legacy ...
Seizing Opportunities: Why Pure Storage Is An Intelligent Buy For 2025 And Beyond
Seeking Alpha· 2025-03-05 08:13
Group 1 - The author has over 30 years of experience as a Merchant Seaman and has developed a strong interest in investing over the last 15 years [1] - The author has learned a significant amount about investing from The MF and has a background in engineering, leading to a focus on Tech stocks [1] Group 2 - There is no stock, option, or similar derivative position held by the author in any mentioned companies, nor any plans to initiate such positions in the next 72 hours [1] - The article expresses the author's own opinions and is not compensated for it, except from Seeking Alpha [1]
Pure Storage Prepares for AI-Driven Data Growth
The Motley Fool· 2025-02-28 08:41
Pure Storage (PSTG -14.80%), a provider of all-flash data storage technologies and services, held its fourth-quarter and full-year fiscal 2025 earnings call on February 26, 2025. The company discussed its progress in transforming enterprise data architecture, growing adoption of its subscription services, and continued development of its hyperscaler and AI opportunities.Fusion v2 Marks Strategic Shift in Enterprise Data ManagementPure Storage's new Fusion v2 software represents a significant evolution in ho ...
Why Pure Storage Stock Is Plummeting Today
The Motley Fool· 2025-02-27 19:41
Pure Storage (PSTG -11.90%) stock is falling in Thursday's trading following the company's recent fourth-quarter report. The company's share price was down 10.9% as of 2:30 p.m. ET.Pure Storage published its Q4 results after the market closed yesterday and actually posted results that came in better than Wall Street had anticipated. But the company's margins showed signs of weakening, and management's forward guidance disappointed the market.Pure Storage stock slumps as Q4 margins disappointPure Storage rep ...
Pure Storage Q4 Earnings Top, Revenues Improve Y/Y on Storage Demand
ZACKS· 2025-02-27 15:40
Pure Storage (PSTG) reported fourth-quarter fiscal 2025 non-GAAP earnings per share (EPS) of 45 cents, which beat the Zacks Consensus Estimate by 7.1%. The company reported non-GAAP EPS of 50 cents in the prior-year quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Quarterly revenues expanded 11% from the year-ago quarter to $879.8 million, beating the Zacks Consensus Estimate by 1.08%. The top line outpaced management’s guidance owing to record sales across FlashBlade, FlashA ...
Pure Storage(PSTG) - 2025 Q4 - Earnings Call Transcript
2025-02-27 02:36
Pure Storage, Inc. (NYSE:PSTG) Q4 2025 Earnings Conference Call February 26, 2025 5:00 PM ET Company Participants Paul Ziots - VP of IR Charlie Giancarlo - CEO Kevan Krysler - CFO Robert Lee - CTO Conference Call Participants Mike Cikos - Needham & Company Aaron Rakers - Wells Fargo Amit Daryanani - Evercore ISI Howard Ma - Guggenheim Securities Krish Sankar - TD Cowen Jason Ader - William Blair Simon Leopold - Raymond James Quinton Gabrielli - Piper Sandler Wamsi Mohan - Bank of America Meta Marshall - Mor ...
Compared to Estimates, Pure Storage (PSTG) Q4 Earnings: A Look at Key Metrics
ZACKS· 2025-02-27 01:00
Financial Performance - For the quarter ended January 2025, Pure Storage reported revenue of $879.84 million, an increase of 11.4% year-over-year [1] - EPS for the quarter was $0.45, down from $0.50 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $870.43 million by 1.08% [1] - The company delivered an EPS surprise of 7.14%, with the consensus EPS estimate being $0.42 [1] Revenue Breakdown - Product revenue was $494.78 million, surpassing the average estimate of $476.12 million by nine analysts, reflecting a year-over-year increase of 7.4% [4] - Subscription services revenue was $385.06 million, below the average estimate of $394.31 million, but showing a year-over-year growth of 17.1% [4] - Non-GAAP Gross profit for Subscription services was $297.42 million, slightly below the average estimate of $302.12 million [4] - Non-GAAP Gross profit for Product was $311.41 million, also below the average estimate of $315.91 million [4] Stock Performance - Shares of Pure Storage have returned -8.3% over the past month, compared to a -2.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]
Pure Storage (PSTG) Surpasses Q4 Earnings and Revenue Estimates
ZACKS· 2025-02-26 23:40
Pure Storage (PSTG) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.42 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 7.14%. A quarter ago, it was expected that this data storage company would post earnings of $0.43 per share when it actually produced earnings of $0.50, delivering a surprise of 16.28%.Over the last four quarters, the ...
Pure Storage Surpasses Revenue Forecast
The Motley Fool· 2025-02-26 22:44
Pure Storage reported 11.4% quarterly revenue growth, yet saw a dip in free cash flow.Pure Storage (PSTG 1.86%), a provider of flash storage solutions, released its fourth-quarter results on Feb. 26, 2025. The company's revenue of $879.8 million exceeded both management’s guidance and analyst expectations. Despite the robust revenue performance, the non-GAAP earnings per share (EPS) was $0.45, showing a year-over-year decline from $0.50. Overall, the quarter highlighted strong revenue growth, especially in ...
Why Pure Storage Stock Was a Winner on Wednesday
The Motley Fool· 2025-02-26 22:44
Pure Storage (PSTG 1.86%) stock edged higher on Hump Day, thanks largely to an encouraging earnings report. After this was published, investors pushed the stock nearly 2% higher on the day, which was notable because the benchmark S&P 500 index essentially traded sideways.Double beat on key fundamentalsThose numbers were unveiled before market open on Wednesday, revealing that the data storage company earned just under $880 million in revenue in the fourth quarter of its fiscal 2025. This meant a double-digi ...