Reports Q3 revenue $831.1M, consensus $818.14M. “Pure Storage (PSTG) has achieved another industry first in our journey of data storage innovation with a transformational design win for our DirectFlash technology in a top-four hyperscaler,” said Pure Storage Chairman and CEO Charles Giancarlo. “This win is the vanguard for Pure Flash technology to become the standard for all hyperscaler online storage, providing unparalleled performance and scalability while also reducing operating costs and power consumption.”
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on PSTG:
- Pure Storage options imply 11.1% move in share price post-earnings
- Notable companies reporting after market close
- Is PSTG a Buy, Before Earnings?
- Pure Storage price target lowered to $63 from $67 at Citi
- Pure Storage initiated with a Neutral at Cleveland Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.