Pure Storage Announces Record Fourth Quarter and Fiscal Year 2017 Financial Results

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Pure Storage (PSTG) PT Lowered to $15 at Oppenheimer; Reiterates Outperform

March 2, 2017 9:29 AM EST

Oppenheimer lowered its price target on Pure Storage (NYSE: PSTG) to $15.00 (from $17.00) while maintaining a Outperform rating. Pure delivered solid 4Q results with revenue ($227.9M vs. $224.5M) and EPS (($0.02) vs. ($0.08)) topping consensus expectations.

Analyst Ittai Kidron commented, "Pure reported solid FY4Q17... More

Pure Storage (PSTG) PT Lowered to $11 at Jefferies Following 4Q

March 2, 2017 8:11 AM EST

Jefferies lowered its price target on Pure Storage (NYSE: PSTG) to $11.00 (from $13.50) while maintaining a Hold rating. Pure reported 4Q revenue of $228M, beating Consensus of $224.5M. EPS hit ($0.02), exceeding the Street's ($0.08).

Analyst James Kisner commented, "Q4 results were above the Street.... More

Pure Storage, Inc. (PSTG) Tops Q4 EPS by 6c, Sales Beat

March 1, 2017 4:13 PM EST

(Updated - March 1, 2017 4:44 PM EST)

(update reflects EPS correction)

Pure Storage, Inc. (NYSE: PSTG) reported Q4 EPS of ($0.02), $0.06 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $227.9 million versus the consensus estimate of $224.47 million.

Key quarterly business and financial... More