Recap: Pure Storage Q4 Earnings

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Pure Storage PSTG reported its Q4 earnings results on Wednesday, February 28, 2024 at 04:05 PM.

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

Earnings

Pure Storage beat estimated earnings by 14.000000000000002%, reporting an EPS of $0.5 versus an estimate of $0.44.

Revenue was down $20.40 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.1 which was followed by a 12.0% drop in the share price the next day.

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

Quarter Q3 2024 Q2 2024 Q1 2024 Q4 2023
EPS Estimate 0.4 0.28 0.04 0.39
EPS Actual 0.5 0.34 0.08 0.53
Revenue Estimate 763.36M 680.07M 559.34M 811.13M
Revenue Actual 762.84M 688.67M 589.31M 810.21M

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.

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