Shares of data storage solutions provider Pure Storage (NYSE:PSTG) fell 3% in the morning session after the stock pulled back following a massive rally in the previous session.
Shares of data storage solutions provider Pure Storage (NYSE:PSTG) jumped 28.7% in the morning session after the company reported strong second-quarter financial results that beat Wall Street expectations and raised its full-year outlook.
Data storage solutions provider Pure Storage (NYSE:PSTG) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 12.7% year on year to $861 million. On top of that, next quarter’s revenue guidance ($955 million at the midpoint) was surprisingly good and 4.6% above what analysts were expecting. Its non-GAAP profit of $0.43 per share was 10.9% above analysts’ consensus estimates.
CEO and Chairman Charles Giancarlo said, “Our strong second quarter results demonstrate ever more customers' confidence in the value of the Pure Storage platform to advance their data storage and management."
Data storage solutions provider Pure Storage (NYSE:PSTG) reported Q2 CY2025 results beating Wall Street’s revenue expectations, with sales up 12.7% year on year to $861 million. On top of that, next quarter’s revenue guidance ($955 million at the midpoint) was surprisingly good and 4.6% above what analysts were expecting. Its non-GAAP profit of $0.43 per share was 10.9% above analysts’ consensus estimates.
