Pure Storage Announces Second Quarter Fiscal 2017 Financial Results

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UBS Reiterates Buy on Pure Storage, Inc. (PSTG) Following 2Q Report

August 26, 2016 9:11 AM EDT

UBS reiterated a Buy rating and $16.00 price target on Pure Storage (NYSE: PSTG) following the company's 2Q earnings report. PSTG reported a revenue beat of $163mn vs the Street's $155mn estimate.

Analyst Steven Milunovich commented, "Despite concern about the quarter that sent... More

Susquehanna Remains Sidelined on Pure Storage, Inc. (PSTG) Following 2Q

August 26, 2016 6:56 AM EDT

Susquehanna reiterated a Neutral rating on Pure Storage, Inc. (NYSE: PSTG), and raised the price target to $12.00 (from $11.00), following the company's 2Q earnings report. Reported revenue of $163M exceeded consensus of $155M, and was above the guide of $153M-$157M. An EPS loss of... More

Pure Storage (PSTG) Solid in Q2, FlashBlade Remains in Focus - Stifel

August 26, 2016 6:40 AM EDT

Stifel affirms its Buy rating and $20 on Pure Storage (NYSE: PSTG) following the company's Q217 results issued Thursday night.

The firm commented, Pure reported solid F2Q17 upside of $163.2M / ($0.16) vs. our $155.1M / ($0.23) estimate; Pure guided F2Q17... More

Pure Storage, Inc. (PSTG) Tops Q2 Views

August 25, 2016 4:09 PM EDT

Pure Storage, Inc. (NYSE: PSTG) reported Q2 non-GAAP EPS was ($0.16), 7 cents better than consensus of ($0.23). GAAP EPS was ($0.31), better than the analyst estimate of ($0.34). Revenue for the quarter came in at $163.2 million versus the consensus estimate of $155.14 million.

GUIDANCE:

Pure Storage, Inc. sees Q3 2017 revenue of $187-195 million, versus the... More