Pure Storage: Q1 Earnings Insights

Pure Storage PSTG reported its Q1 earnings results on Wednesday, May 31, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Pure Storage beat estimated earnings by 100.0%, reporting an EPS of $0.08 versus an estimate of $0.04.

Revenue was down $31.10 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.14 which was followed by a 15.14% drop in the share price the next day.

Here's a look at Pure Storage's past performance:

To track all earnings releases for Pure Storage visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.