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Pure Storage: Ready To Capitalize On The Significant AI Storage Opportunity
PSTGPure Storage(PSTG) Seeking Alpha·2024-05-31 07:55

Vladimir_Timofeev/iStock via Getty Images Pure Storage reported a strong Q1 quarter recently, with both top and bottom-line beats. The company reported revenue of 694million(+18694 million (+18% YoY), beating consensus by 13 million. Non-GAAP EPS was 0.32,a0.32, a 0.11 beat. The company also maintained its FY 2025 guidance of $3.1 billion. See below the results: PSTG price performance (Seeking Alpha) Pure Storage Q1 earnings (Seeking Alpha) Market Opportunity - Pure Storage Gaining Share The ESS market size is worth around ...