Pure Storage Posts Strong Q3 Earnings, Topping Views

By | December 3, 2015

Scalper1 News

Pure Storage (PSTG), a maker of flash-chip-based storage systems for the enterprise market, reported better-than-expected third-quarter earnings Thursday morning, sending its stock up. Pure Storage reported revenue of $131.4 million, up 167% from the year-earlier quarter and well above the analyst consensus estimate of $107 million, as polled by Thomson Reuters. Excluding items, it reported a per-share loss of 18 cents for the period ended Oct. Scalper1 News

Scalper1 News