=-=Pure Storage (PSTG) reported earnings on Tue 3 Dec 24 (a/h)

 

 Pure Storage beats by $0.09, beats on revs; guides Q4 revs above consensus 

• Reports Q3 (Oct) earnings of $0.50 per share, excluding non-recurring items, $0.09 better than the FactSet Consensus of $0.41; revenues rose 9.0% year/year to $831.1 mln vs the $814.9 mln FactSet Consensus.
• Subscription annual recurring revenue (ARR) $1.6 billion, up 22% year-over-year.
• Remaining performance obligations (RPO) $2.4 billion, up 16% year-over-year.
• Co issues upside guidance for Q4, sees Q4 revs of $867 mln vs. $855.87 mln FactSet Consensus. Sees Non-GAAP Operating Margin of 15.6%.