Pure Storage (PSTG) Surpasses Q1 Earnings and Revenue Estimates

Pure Storage (PSTG) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 45.45%. A quarter ago, it was expected that this data storage company would post earnings of $0.45 per share when it actually produced earnings of $0.50, delivering a surprise of 11.11%. Over the last four quarters, ...