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Pure Storage Shares Tumble as Guidance Misses Estimates

Por: MarketWatch Business November 30, 2023

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There were no issues with results for the October quarter. Pure Storage posted revenue for the period of $762.8 million, up 13% from a year earlier, and slightly ahead of both the company’s forecast of $760 million and the Street consensus as measured by of $761 million. Non-GAAP operating income was $169.1 million, above the company’s forecast of $135 million. On an adjusted basis, Pure earned 50 cents a share, a dime above consensus. Under... + full article



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