Pure Storage (PSTG) Tops Q3 EPS by 12c

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Go back to Pure Storage (PSTG) Tops Q3 EPS by 12c

Pure Storage Announces New Time for Third Quarter Fiscal 2016 Conference Call to December 3, 2015 at 5:30 AM PST

December 2, 2015 9:52 PM EST

MOUNTAIN VIEW, Calif., Dec. 2, 2015 /PRNewswire/ -- Pure Storage (NYSE: PSTG), the market's leading independent solid-state array vendor, today announced that it has changed the time of the conference call for its fiscal third quarter ended October 31, 2015, to Thursday, December 3, 2015 at 5:30 am Pacific Standard Time.

The time change is in response to the possible inadvertent disclosure of fiscal third quarter... More

Pure Storage Announces Third Quarter Fiscal 2016 Results

December 2, 2015 9:51 PM EST

MOUNTAIN VIEW, Calif., Dec. 2, 2015 /PRNewswire/ -- Pure Storage (NYSE: PSTG) today announced financial results for the third fiscal quarter ended October 31, 2015.

Pure Storage posted revenue of $131.4 million and GAAP net loss of $56.5 million for the third quarter of fiscal 2016.  These results compare to revenue of $49.2 million and a GAAP net loss of $40.4 million in the year-ago quarter. GAAP gross margin for the third quarter of fiscal 2016 was 61.1% and GAAP product gross margin was 63.0%, compared to 58.3% and 61.9%, respectively, in the... More