Loading...
Loading...
- Pure Storage Inc PSTG shares traded higher by 14.3% at $23.95 on the last check Thursday.
- The data storage platform company reported second-quarter FY22 revenue of $496.8 million, up 23% year-on-year, beating the analyst consensus of $469.5 million.
- Pure Storage saw strength from both its enterprise and commercial customers across its entire solutions portfolio.
- Subscription services revenue grew 31% Y/Y to $171.9 million. Product revenue grew 19% Y/Y to $324.9 million.
- Non-GAAP EPS of $0.14 beat the consensus of $0.05.
- Pure Storage held $1.3 billion in cash and equivalents.
- Pure Storage sees Q3 revenue of $530 million, beating the consensus of $495.2 million. The FY22 revenue guidance of $2.04 billion beat the consensus of $1.96 billion.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in