Pure Storage, Inc. (PSTG) Tops Q1 EPS by 8c, Revs Beat
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Pure Storage Announces First Quarter Fiscal 2018 Financial Results
May 24, 2017 4:04 PM EDTMOUNTAIN VIEW, Calif., May 24, 2017 /PRNewswire/ --Â Pure Storage (NYSE: PSTG) today announced financial results for its first quarter ended April 30, 2017.
Key quarterly business and financial highlights include:
Quarterly revenue: $182.6 million, up 31% Y-Y, 4% ahead of midpoint of guidance Quarterly gross margin: 65.2% GAAP; 66.4% non-GAAP, reflecting strength in our core FlashArray business and a strong performance from our FlashBlade business Quarterly operating margin: -34.7% GAAP; -16.7% non-GAAP, up 11.5 ppts and 12.7 ppts Y-Y,... More