Pure Storage, Inc.

PSTG

US74624M1027

Computer Hardware

Market Closed - Nyse Other stock markets 04:00:32 2024-05-10 pm EDT			5-day change	1st Jan Change
54.41 ^USD	+0.55%		+4.15%	+52.58%

May. 06	Pure Storage and Red Hat Accelerate Modern Virtualization Adoption Across Enterprises	CI
Apr. 22	North American Morning Briefing : Stock Futures -2-	DJ

Pure Storage, Inc. Reports Earnings Results for the Fourth Quarter Ended February 05, 2024

February 28, 2024 at 04:05 pm EST

Pure Storage, Inc. reported earnings results for the fourth quarter ended February 05, 2024. For the fourth quarter, the company reported revenue was USD 789.81 million compared to USD 810.21 million a year ago. Net income was USD 65.44 million compared to USD 74.47 million a year ago.

Basic earnings per share from continuing operations was USD 0.21 compared to USD 0.25 a year ago. Diluted earnings per share from continuing operations was USD 0.2 compared to USD 0.22 a year ago.

Latest news about Pure Storage, Inc.

Pure Storage and Red Hat Accelerate Modern Virtualization Adoption Across Enterprises	May. 06	CI
North American Morning Briefing : Stock Futures -2-	Apr. 22	DJ
Pure Storage Insider Sold Shares Worth $807,101, According to a Recent SEC Filing	Apr. 19	MT
Raymond James Downgrades Pure Storage to Outperform From Strong Buy, Raises PT to $63 From $52	Apr. 19	MT
Pure Storage Insider Sold Shares Worth $1,526,816, According to a Recent SEC Filing	Apr. 18	MT
Pure Storage Insider Sold Shares Worth $1,075,703, According to a Recent SEC Filing	Apr. 17	MT
Pure Storage Insider Sold Shares Worth $7,863,030, According to a Recent SEC Filing	Apr. 16	MT
Susquehanna Adjusts Pure Storage Price Target to $65 From $45, Maintains Positive Rating	Apr. 11	MT
Pure Storage Insider Sold Shares Worth $1,981,594, According to a Recent SEC Filing	Apr. 08	MT
Pure Storage Insider Sold Shares Worth $14,535,749, According to a Recent SEC Filing	Apr. 08	MT
Transcript : Pure Storage, Inc. Presents at MORGAN STANLEY ?POWERING THE GROWTH OF GENAI SYMPOSIUM?, Mar-26-2024	Mar. 25
Pure Storage Accelerates Enterprise AI Adoption to Meet Growing Demands with NVIDIA AI	Mar. 18	CI
Citigroup Initiates Coverage on Pure Storage With Buy Rating, $65 Price Target	Mar. 15	MT
BofA Securities Boosts Price Target on Pure Storage to $57 From $50, Keeps Neutral Rating	Mar. 13	MT
Pure Storage, Smart Global Seen Absent From Meta Announcement on AI Clusters, Wedbush Says	Mar. 12	MT
Pure Storage Enables Puerto Rico's Largest Furniture Retailer to Drive Service Innovation	Mar. 12	CI
KeyBanc Adjusts Price Target on Pure Storage to $64 From $55, Keeps Overweight Rating	Mar. 12	MT
Transcript : Pure Storage, Inc. Presents at Morgan Stanley?s Technology, Media & Telecom Conference 2024, Mar-06-2024 11:00 AM	Mar. 06
Needham Starts Coverage on Pure Storage With Buy Rating, $66 Price Target	Mar. 06	MT
Pure Storage Insider Sold Shares Worth $381,438, According to a Recent SEC Filing	Mar. 05	MT
Transcript : Pure Storage, Inc. Presents at KeyBanc Emerging Technology Summit, Mar-05-2024 11:30 AM	Mar. 05
Pure Storage Delivers New Self-Service Storage Management Capabilities to Drive Enhanced Services Experience for Global Customers	Mar. 05	CI
Pure Storage Fiscal Q4 Results Not Perfect But Good Enough, Wedbush Says	Feb. 29	MT
Pure Storage Shares Climb After Better-Than-Expected Fiscal Q4 Results	Feb. 29	MT
UBS Adjusts Pure Storage Price Target to $44 From $38, Maintains Neutral Rating	Feb. 29	MT

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Company Profile

Pure Storage, Inc. is a data storage and management company. The Company is focused on delivering a disruptive data storage platform, which supports a range of structured and unstructured data, at scale and across any data workload in hybrid and public cloud environments, and includes mission-critical production, test and development, analytics, disaster recovery, backup and restore, artificial intelligence (AI) and machine learning. Its integrated hardware systems include FlashArray and FlashBlade. Its cloud-native storage includes Portworx by Pure Storage and Portworx Data Services. It delivers modern cloud-oriented services, management and automation to customers across their on-premises, private and public cloud environments. Its cloud operating model is delivered through its Pure Fusion, Evergreen architecture and Pure1 cloud management plane. The Company sells its products and subscription services using a direct sales force and its channel partners.

Sector

Computer Hardware

Calendar

2024-05-29 - Q1 2025 Earnings Release

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Ratings for Pure Storage, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

D-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

54.41 USD

Average target price

55.26 USD

Spread / Average Target

+1.57%

Consensus

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Company calendar

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Storage Devices

Pure Storage, Inc.

Equities

PSTG

US74624M1027

Computer Hardware

Pure Storage, Inc. Reports Earnings Results for the Fourth Quarter Ended February 05, 2024

EPS Revisions