|Bid||0.00 x 1300|
|Ask||33.36 x 3100|
|Day's range||31.00 - 33.48|
|52-week range||22.14 - 40.50|
|Beta (5Y monthly)||1.20|
|PE ratio (TTM)||151.41|
|Earnings date||28 Feb 2024 - 04 Mar 2024|
|Forward dividend & yield||N/A (N/A)|
|1y target est||43.80|
Data-storage company Pure Storage (NYSE: PSTG) fell as much as 18.3% in trading Thursday after reporting fiscal third-quarter 2024 financial results. Management expects $782 million in revenue and non-GAAP operating income of $150 million for the fourth quarter of fiscal 2024, and analysts were looking for $919 million in revenue. A $10.4 billion market cap has investors considering how much growth Pure Storage can actually deliver.
Pure Storage's (PSTG) fiscal third-quarter performance benefits from the strong uptake of the FlashBlade portfolio amid macroeconomic weakness.
Q3 2024 Pure Storage Inc Earnings Call