Pure Storage, Inc. (PSTG) Tops Q2 Views
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Pure Storage Announces Second Quarter Fiscal 2017 Financial Results
August 25, 2016 4:05 PM EDTMOUNTAIN VIEW, Calif., Aug. 25, 2016 /PRNewswire/ --Â Pure Storage (NYSE: PSTG) today announced financial results for its fiscal second quarter ended July 31, 2016.
Key financial highlights include:
Quarterly revenue: $163.2 million, up 92.8% Y/Y, and ahead of the guidance range of $153 million to $157 million. Quarterly gross margin: 65.2% GAAP; 66.3% non-GAAP, up 6.7 ppts and 7.1 ppts Y/Y, respectively, and in line with non-GAAP gross margin guidance of 65-68%. Quarterly operating margin: -36.4% GAAP; -19.3%... More