Pure Storage shares pop more than 14% on earnings and revenue beat
CNBC Television·2025-08-27 20:53
Financial Performance - Pure Storage's Q2 revenue reached $846 million, exceeding expectations of around $846 million [1] - Pure Storage's product revenue for Q2 was $446 million, surpassing the expected $421.7 million [2] - Pure Storage's non-GAAP earnings per share for Q2 were 43 cents, above the anticipated 39 cents [2] - Pure Storage's revenue guidance for the next quarter is $950 million to $960 million, higher than the previous expectation of $913.2 million [2] - Pure Storage has increased its full-year revenue guidance to $3.6 billion to $3.63 billion, up from the previous range of $3.52 billion [3] Market Reaction - Pure Storage's stock is up over 13% [1][3]