Pure Storage Inc reports results for the quarter ended in July - Earnings Summary

• Pure Storage Inc PSTG reported quarterly adjusted earnings of 34 cents​​ per share for the quarter ended in July. The mean expectation of nineteen analysts for the quarter was for earnings of 28 cents per share.

• Revenue rose 6.5% to $688.67 million from a year ago; analysts expected $680.07 million.

• Pure Storage Inc's reported EPS for the quarter was a loss of 2 cents​.

• The mean earnings estimate of analysts had risen by about 6.3% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

• Pure Storage Inc shares had fallen by 1.4% this quarter and gained 35.7% so far this year.

• The company reported a quarterly loss of $7.12 million.

• Wall Street's median 12-month price target for Pure Storage Inc is $41.75

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

This summary was machine generated from LSEG Refinitiv data August 30 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated.