Pure Storage, Inc. (PSTG) Tops Q2 EPS by 3c, Offers Guidance

Pure Storage, Inc. (NYSE: PSTG) reported Q2 EPS of ($0.11), $0.03 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $224.5 million versus the consensus estimate of $218.8 million.

GUIDANCE:

Pure Storage, Inc. sees Q3 2018 revenue of $267-275 million.

• Non-GAAP gross margin in the range of 63.5% to 66.5%
• Non-GAAP operating margin in the range of -5% to -1%

Pure Storage, Inc. sees FY2018 revenue of $985-1025 million.

• Non-GAAP gross margin in the range of 63.5% to 66.5%
• Non-GAAP operating margin in the range of -7% to -3%

For earnings history and earnings-related data on Pure Storage, Inc. (PSTG) click here.

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