Pure Storage: Market Share Gains And AI Opportunities Make This A Substantial Opportunity

Pure: Looking at some of the company's operating highlights last quarter Pure's operating margin last quarter was a surprisingly strong 14.5%, up several times from year-earlier levels, and more than 40% greater than the company's prior forecast. Essentially, all areas of the income statement outperformed. To a certain extent, which is almost impossible to calculate, the upside was driven by higher than anticipated revenues, which themselves were partially a function of greater growth than expected in produ ...