Raymond James Cuts Price Target on Pure Storage, Inc. (PSTG) Following 1Q Earnings Report
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Wall St futures pause after AI rally, focus on Mideast tensions
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Pure Storage Announces First Quarter Fiscal 2017 Financial Results
May 25, 2016 4:05 PM EDTMOUNTAIN VIEW, Calif., May 25, 2016 /PRNewswire/ --Â Pure Storage (NYSE: PSTG) today announced financial results for its fiscal quarter ended April 30, 2016.
Key highlights include:
Quarterly revenue: $139.9 million, up 89% Y-Y, and ahead of the guidance range Quarterly gross margin: 66.5% GAAP; 67.3% non-GAAP, up 6.5 ppts and 6.8 ppts Y-Y, respectively Quarterly operating margin: -45.6% GAAP; -29.4% non-GAAP, up 19.5 ppts and 23.8 ppts Y-Y, respectively"We are pleased to report another strong quarter," said Scott Dietzen, CEO of Pure... More
