|Bid||17.70 x 1100|
|Ask||17.71 x 3200|
|Day's Range||17.50 - 17.79|
|52 Week Range||12.68 - 28.07|
|Beta (3Y Monthly)||1.93|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 18, 2019 - Nov 22, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||20.67|
AUSTIN, Texas, Sept. 17, 2019 /PRNewswire/ -- Pure Storage (PSTG),the fastest growing data storage company, today announced major additions to its Cloud Data Services portfolio that helps customers more impactfully deploy hybrid clouds. "Private and public cloud storage too often operate in separate worlds," said Rob Lee, Chief Architect, Pure Storage. "As more and more customers adopt hybrid cloud, it's critical that their infrastructure is optimized for data mobility.
AUSTIN, Texas, Sept. 17, 2019 /PRNewswire/ -- Pure Storage (PSTG), the fastest growing data storage company, today announced groundbreaking additions to its Pure as-a-Service portfolio to make Pure the first and only company to offer unified subscriptions that enables flexibility across cloud and on-prem solutions. As CIOs look to drive agility and efficiency, they are increasingly moving toward as-a-service models.
AUSTIN, Texas, Sept. 17, 2019 /PRNewswire/ -- Pure Storage (PSTG), the fastest growing data storage company, today announced a host of new and improved AI solutions that provide enterprise customers with the features and functionality needed to execute increasingly complex AI initiatives through any phase or scale. Built on Pure's industry-leading file and object system, FlashBladeTM, and its joint AI-Ready Infrastructure (AIRITM) offering with NVIDIA, customers can develop and deploy AI rapidly to keep pace with modern business.
AUSTIN, Texas, Sept. 17, 2019 /PRNewswire/ -- Pure Storage (PSTG), the fastest growing data storage company, today announced an expansion of the Pure Storage FlashArray™ product line built to deliver a modern data management experience for customers. Pure is the first and only vendor to enable faster access to data wherever customers need it by delivering flash at disk prices. FlashArray//C, the industry's first capacity-optimized all-flash array, is built to bring consistent all-flash performance with tier one reliability at disk economics.
AUSTIN, Texas, Sept. 16, 2019 /PRNewswire/ -- Pure Storage (PSTG), the fastest growing data storage company, today launched its Technology Alliance Partner Program (TAP), a program for participating technology and solutions partners. Today's customers require strategic, thoughtful integration and partnerships between vendors to address the challenges associated with modern business. The TAP Program is intended to provide a structured framework for partner engagement, go-to-market, and solution development to ensure proven solutions for joint customers that adhere to Pure's high value standards.
MOUNTAIN VIEW, Calif., Sept. 12, 2019 /PRNewswire/ -- Pure Storage (PSTG), the data solutions leader that helps innovators build a better world with data, today announced the appointment of financial services and tech veteran Andy Brown to its Board of Directors. Brown is filling the position held by Mike Speiser, who is stepping down following ten years of service. "Andy possesses deep technology leadership and experience guiding growth organizations," said Charles Giancarlo, Chairman and CEO, Pure Storage.
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. Lowe’s reported second-quarter results that were stronger than anticipated, as same-store-sales performance and gross margin beat low expectations. Better SSS, gross profit, and lower share count drove $2.14 in earnings per share, 19 cents above our expectation.
Does the August share price for Pure Storage, Inc. (NYSE:PSTG) reflect what it's really worth? Today, we will estimate...
Pure Storage stock surged Thursday as the data systems provider reported second-quarter results that beat estimates, but provided an outlook lower than expected. Revenue climbed 28%.
All-flash data storage hardware and software company Pure Storage Inc (NYSE: PSTG ) reported second-quarter results Wednesday that were highlighted by a top-and-bottom line beat and upside to product ...
(PSTG) shares spiked sharply higher Thursday following the company’s earnings report for its fiscal second quarter ended July 31. While the stock (ticker: PSTG) initially slipped on the earnings news Wednesday night, the shares have reversed course, making up some ground lost earlier in the year. On Thursday morning, Maxim Group analyst Nehal Chokshi lifted his rating on Pure to Buy from Hold, moving his price target to $20, from $18.
Pure Storage rises after beating second-quarter earnings expectations, even as it lowers guidance and announces the departure of its chief financial officer.
Pure Storage provided disappointing guidance and announced the departure of CFO Tim Riitters. It did, however, report better-than-expected earnings results for its fiscal second quarter.
Pure Storage (PSTG) delivered earnings and revenue surprises of 125.00% and 0.44%, respectively, for the quarter ended July 2019. Do the numbers hold clues to what lies ahead for the stock?
Pure Storage Inc. shares dropped hard after reducing its annual forecast in an earnings report for the second consecutive quarter Wednesday, and the company also announced the departure of its chief financial officer. The flash-storage company reported a second-quarter loss of $66 million, or 26 cents a share, on sales of $396.3 million, up from $308.9 million a year ago. After adjusting to strip out stock-based compensation and other factors, the company claimed earnings of a penny a share, equal to the same period the prior year. Analysts on average expected Pure Storage to report adjusted losses of 4 cents a share on sales of $393 million, according to FactSet. While beating estimates for the second quarter, Pure Storage reduced its guidance, as it did three months ago, and now says it will record revenue of $1.645 billion to $1.715 billion, down from the guidance of $1.7 billion to $1.77 billion provided in May. The company also disclosed the departure of CFO Tim Ritters, who has served in that function for five years and will leave in the fall. Shares dropped more than 10% in after-hours trading Wednesday, after declining 13.7% so far in 2019 as the S&P 500 index has gained 15.7%.
MOUNTAIN VIEW, Calif. , Aug. 21, 2019 /PRNewswire/ -- Pure Storage (NYSE: PSTG), the data solutions leader that helps innovators build a better world with data, today announced financial results for its ...
NEW YORK, NY / ACCESSWIRE / August 21, 019 / Pure Storage, Inc. (NYSE: PSTG ) will be discussing their earnings results in their 2020 Second Quarter Earnings to be held on August , 2018 at 5:00 PM Eastern ...
Pure Storage's (PSTG) robust adoption of FlashArray & FlashBlade solutions is driving growth. However, currency headwinds, and high tariffs owing to trade war between the U.S. and China remains headwind.