Pure Storage Announces Second Quarter Fiscal 2020 Financial Results

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Pure Storage, Inc. (PSTG) Announces $150M Share Buyback Plan

August 21, 2019 4:25 PM EDT

With earnings, Pure Storage, Inc. (NYSE: PSTG) board of directors has authorized a $150 million stock repurchase program.

This authorization allows the company to repurchase shares of its common stock opportunistically and will be funded from working capital. Repurchases may be made at... More

Pure Storage, Inc. (PSTG) Tops Q2 EPS by 5c, Revenues Beat; Offers Q3 & FY20 Revenue Guidance Below Consensus

August 21, 2019 4:06 PM EDT

Pure Storage, Inc. (NYSE: PSTG) reported Q2 EPS of $0.01, $0.05 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $396.3 million versus the consensus estimate of $392.52 million.

Key Financial Highlights:

Revenue: $396.3 million, up 28% Year-over-YearGross margin: GAAP 67.7%; non-GAAP... More