=-=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%.

-=Pure Storage (PSTG) reported earnings on Wed 2 March 22 (a/h)

 

Pure Storage beats by $0.10, beats on revs; guides Q1 revs above consensus; guides FY23 revs above consensus

• Reports Q4 (Jan) earnings of $0.36 per share, excluding non-recurring items, $0.10 better than the S&P Capital IQ Consensus of $0.26; revenues rose 40.9% year/year to $708.57 mln vs the $630.93 mln S&P Capital IQ Consensus.
• Co issues upside guidance for Q1 (Apr), sees Q1 revs of approx $520 mln vs. $511.56 mln S&P Capital IQ Consensus.
• Co issues upside guidance for FY23, sees FY23 revs of approx $2.60 bln vs. $2.48 bln S&P Capital IQ Consensus.

Earnings this week : Feb 28 - Mar 4, 2022 (wk 9)

Monday (Feb 28)

• Morning:  ASTE WHD CWEN XRAY DEA HSKA HNI ITRI JLL RIDE EYE NLSN RETA TGNA VTRS
• Afternoon: DDD AAON ACHC ACAD AMBA BIGC BLNK DAR ENDP FATE FGEN FRPT GDRX GRPN HLIO HRTX HPQ JRVR LCID MRTX NKTR NVAX OSH OKE PDCE PRAA PRIM PGNY PUBM SAIL SBAC SEER SDC SRI SUPN TASK TREX VLDR VRM WDAY ZM

Tuesday (Mar 1)

• Morning: GOLF ADT AMRN AMRS APG AZO BIDU BMO BNS BSY BLDR CLVT DPZ EHTH EPZM EVRI FSS HTA HGV HZNP HRL TWNK TILE IGT ITCI SJM KSS KTB MANU MLCO NFE NOVT PRGO RDNT SE FOUR SHC TGT TMX TRS WEN XHR
• Afternoon:  DIBS AKA AMC ARLO BGS BNFT CDLX CELH CERT CCXI DOMO BROS FSLR GO GRWG HCAT HPE INO INSG IPAR JAMF JAZZ NSTG JWN PETQ PLBY RGNX RPAY ROST CRM SRPT SGMS SOFI TTEC URBN VUZI WISH WW ZIP

Wednesday (Mar 2)

• Morning:  ANF DIN DLTR DCI DY HAYW PDCO STER
• Afternoon:  AEO PLAN BOX AI CHPT CPNG DSGX FLYW GEF GSM JXN NTNX OKTA PSTG RSI SGFY SNOW SPLK VEEV VSCO ZUO

Thursday (Mar 3)

• Morning: BBY BIG BILI BJ BF.B BURL CNQ CPG GMS GOGO HLLY KR MTLS TTC TD UTZ WB
• Afternoon:  AVAV AQN AVGO COO COST DUOL ESTC EOLS FNKO GPS GDYN MRVL NCMI PAYO PBYI SG  SWBI VZIO

Friday (Mar 4)  

• Morning:  HIBB

-=Pure Storage (PSTG) reported earnings on Thur 21 Nov 2019 (a/h)

Pure Storage beats by $0.04, misses on revs; guides Q4 revs below consensus, announces new CFO 

Reports Q3 (Oct) earnings of $0.13 per share, $0.04 better than the S&P Capital IQ Consensus of $0.09; revenues rose 14.9% year/year to $428.4 mln vs the $440.39 mln S&P Capital IQ Consensus.

Operating margin decreased 230 bps to 6.8% form 9.1%

Co issues downside guidance for Q4, sees Q4 revs of $484-$496 mln vs. $512.17 mln S&P Capital IQ Consensus. Sees Non-GAAP gross margin of 67.5-70.5%.

New CFO: Co also announces that Kevan Krysler will join the company as CFO in early December, reporting to Chairman and CEO, Charles Giancarlo. Krysler joins Pure from VMware (VMW), where he has served as Senior Vice President of Finance and Chief Accounting Officer.

Earnings this week : Nov 18 - 22, 19 (wk 47)

Monday (Nov 18)

• Morning: CCMP LX MANU QD
• Afternoon: CRMT ASH BILI KRNT WWD ZTO

Tuesday (Nov 19)

• Morning: WUBA ARMK DAVA PPDF HD JKS KSS MMS MDT NJR TJX TDG
• Afternoon: ESE PAGS URBN

Wednesday (Nov 20)

• Morning: AVYA LOW PDD QIWI SR TGT
• Afternoon: CPRT CUB GTBIF JACK LB LZB NTES NUAN SQM SONO

Thursday (Nov 21)

• Morning: ASYS PLAN BZUN BERY BJ BRC BV AQUA HMLP M SDRL SFL
• Afternoon: BRBR ENTA GPS IIIV INTU MATW JWN OOMA POST PSTG ROST SCVL SPLK WSM

Friday (Nov 22)

• Morning: ATKR BKE FL FUTU HIBB SJM

Notable earnings reports:

• Manchester United (NYSE:MANU) on November 18; 
• Home Depot (HD), TJX Companies (NYSE:TJX) and Urban Outfitters (NASDAQ:URBN) on November 19; 
• L Brands (NYSE:LB), Lowe's (LOW), Jack in the Box (NASDAQ:JACK) and Target (TGT) on November 20; 
• Gap (NYSE:GPS), Macy's (NYSE:M), Splunk (NASDAQ:SPLK), Ross Stores (NASDAQ:ROST) and Nordstrom (NYSE:JWN) on November 21; 
• Foot Locker (NYSE:FL) and J.M. Smucker (NYSE:SJM) on November 22.

This week's biggest % winners & losers : May 20 - 24, 19 (wk 21)

The following are this week's top percentage gainers and losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top % gainers

• Healthcare: KPTI (6.19 +33.41%), ARRY (27.09 +23.92%), ARWR (24.04 +23.54%), IOVA (17.25 +14.77%)
• Materials: SID (4.25 +14.86%)
• Industrials: CIR (43.4 +39.55%), GOL (12.27 +23.69%)
• Consumer Discretionary:  HIBB (23.96 +23.82%), SKY (25.6 +16.63%), TGT (81.57 +15.07%), BOOT (30.1 +14.27%), ROKU (95.78 +13.98%)
• Information Technology: TSS (113.45 +11.99%), DQ (36.56 +11.57%)
• Financials: IBN (12.42 +13.22%), SUPV (5.9 +11.53%)
• Consumer Staples: AVP (3.7 +19.35%)
• Utilities: PAM (26.02 +14.52%)

This week's top % losers

• Healthcare: BCRX (3.32 -54.71%), MNK (9.61 -34.54%)
• Materials: VHI (1.81 -19.56%)
• Consumer Discretionary: KSS (51.12 -19.62%), FL (44.4 -19.57%), SCVL (26.83 -16.96%)
• Information Technology: PSTG (16.14 -21.73%), QCOM (66.21 -18.76%)
• Energy: NBR (2.35 -31.69%), SDRL (5.5 -24.35%), SPN (1.92 -22.58%), CRC (16.83 -20.84%), ESV (8.63 -20.53%), PUMP (18.81 -19.41%), CPE (6.81 -16.75%), TUSK (11.74 -16.62%)
• Consumer Staples: RAD (7.34 -19.61%)

=Pure Storage (PSTG) reported earnings on Tue 21 May 2019 (a/h)

Pure Storage misses by $0.03, misses on revs; guides Q2 revs in-line; guides FY20 revs in-line

• Reports Q1 (Apr) loss of $0.11 per share, $0.03 worse than the S&P Capital IQ Consensus of ($0.08); revenues rose 27.7% year/year to $326.7 mln vs the $333.06 mln S&P Capital IQ Consensus.
• Non-GAAP gross margin increased 1.8 points to 68.1%.
• Co issues in-line guidance for Q2, sees Q2 revs of $389-$401 mln vs. $396.59 mln S&P Capital IQ Consensus. Sees Non-GAAP gross margin in the range of 65.0-68.0%, or 66.5% at the midpoint.
• Co issues in-line guidance for FY20, sees FY20 revs of $1.70-$1.77 bln vs. $1.766 bln S&P Capital IQ Consensus. Sees Non-GAAP gross margin in the range of 65.5-68.0%, or 66.75% at the midpoint. 

Earnings this week : May 20 - 24, 19 (wk 21)

Monday (May 20)

• Morning: AZZ IGT PDD QD SPTN
• Afternoon: NDSN

Tuesday (May 21)

• Morning: AZO DAVA DY EV HD JCP KSS MNRO SFL TJX
• Afternoon: CRMT JWN OOMA PSTG SE SKY TOL URBN

Wednesday (May 22)

• Morning: AAP ADI CM CSWI LOW PLAB TGT VFC
• Afternoon: CPRT CTRP HTHT LB MOD NTAP SCVL SNPS VIPS

Thursday (May 23)

• Morning: BBY BJ BRC CTRN HRL MDT ROLL RY SDRL SINA TD TK TNK TTC VIOT WB WMS
• Afternoon: ADSK CVCO DECK DXC HPE HPQ INTU LGF.A ROST SPLK VSAT

Friday (May 24) 

• Morning: BKE FL HIBB

=Pure Storage (PSTG) reported earnings on Mon 19 Nov 2018 (a/h)

Pure Storage beats by $0.04, beats on revs; guides Q4 EPS in-line; guides FY19 revs in-line

• Reports Q3 (Oct) earnings of $0.13 per share, excluding non-recurring items, $0.04 better than the S&P Capital IQ Consensus of $0.09; revenues rose 34.3% year/year to $372.8 mln vs the $367.37 mln S&P Capital IQ Consensus.
  • Gross margin: 68.1% non-GAAP
    Operating margin: 9.1% non-GAAP
• Co issues in-line guidance for Q4, sees EPS of $438-446 mln vs. $0.18 S&P Capital IQ Consensus.
  • Non-GAAP gross margin in the range of 64.5% to 67.5%
  • Non-GAAP operating margin in the range of 8% to 12%
• Co issues in-line guidance for FY19, sees FY19 revs of $1.376-1.384 bln vs. $1.37 bln S&P Capital IQ Consensus.
  • Non-GAAP gross margin in the range of 66.6% to 67.6%
  • Non-GAAP operating margin in the range of 3.9% to 5.3%

Earnings this week : Nov 19 - 23, 18 (wk 47)

Earnings confirmed to report this week

Monday (Nov 19) 

• Morning: JD SPB
• Afternoon: A BECN BRKS GH INTU JACK KLIC LB NUAN PSTG URBN

Tuesday (Nov 20)

• Morning: ADI BBY BKS CPB DY HRL JEC KSS LOW MDT MMS NJR PDD ROST SFL TGT TJX
• Afternoon: ADSK BILI BJ CAL CPRT ESL FL GPS KEYS QADA SE

Wednesday (Nov 21)

• Morning: BZUN CMCM DAKT DE QD
• Afternoon: None

Thursday (Nov 22)

• Markets closed for Thanksgiving

Friday (Nov 23)

• None

=Pure Storage (PSTG) reported earnings on Tue 21 Aug 18 (a/h)

Pure Storage acquired StorReduce, a cloud-first software-defined storage solution for managing large scale unstructured data; financial terms of the acquisition are not being disclosed

Pure Storage beats by $0.07, beats on revs; guides Q3 revs in-line; guides FY19 revs in-line 

• Reports Q2 (Jul) earnings of $0.01 per share, $0.07 better than the S&P Capital IQ Consensus of ($0.06); revenues rose 37.5% year/year to $308.9 mln vs the $301.32 mln S&P Capital IQ Consensus.
• Reports Non-GAAP gross margin of 68.0%, all-time high.
• Co issues in-line guidancefor Q3, sees Q3 revs of $361-$369 mln vs. $363.22 mln S&P Capital IQ Consensus. Sees Non-GAAP gross margin of 64.5-67.5%, operating margin of 4.0-8.0%.
• Co issues in-line guidancefor FY19, sees FY19 revs of $1.35-$1.38 bln vs. $1.36 bln S&P Capital IQ Consensus. Sees Non-GAAP gross margin of 65.5-67.5%, operating margin of 2.5-4.5%.

Earnings this week : Aug 20 - 24, 18 (wk 34)

Earnings confirmed to report this week:

Monday (August 20)

• Morning:  EL, IX, AU,  CMCM, HMI, SIEB, NESR, FENC
• Afternoon: NDSN LTM FANH FN TEDU ARL CMLS, EIGR  

Tuesday (Aug 21)

• Morning:  COTY  DAKT JILL KSS  MDT PINC SJM TJX TOL
• Afternoon:   BBL GSM KEYS JKHY PSTG SE MYGN LZB  RRGB URBN

Wednesday (Aug 22)

• Morning:  ADI BITA BNED FRO LOW MOMO PLAB RY SFL TGT UXIN 
• Afternoon:  BRY   BSBR HTHT LB SMRT SNPS SQM WSM QADA  ZAYO

Thursday (Aug 23)

• Morning:  BABA VMW INTU CM HPQ LX HRL  CTRN FLWS FLY HMLP  LANC  PLCE  SAFM SPWH TTC
• Afternoon:  ADSK GLOB GPS HPQ INTU OSIS ROST  SPLK VEEV VMW

Friday (Aug 24)

• Morning:  BKE FL HIBB UBNT

=Pure Storage (PSTG) reported earnings on Mon 21 May 18 (a/h)

Pure Storage beats by $0.05, beats on revs; guides Q2 revs in-line; guides FY19 revs in-line

• Reports Q1 (Apr) loss of $0.07 per share, excluding non-recurring items, $0.05 better than the Capital IQ Consensus of ($0.12); revenues rose 40.1% year/year to $255.9 mln vs the $251.06 mln Capital IQ Consensus
• "Q1 marked a great start to fiscal 2019, growing 40% year-over-year in revenue and exceeding our operating margin goal."
• Operating margin: -24.2% GAAP; -6.0% non-GAAP, up 7.7 ppts and 7.9 ppts Y/Y, respectively
• Co issues in-line guidancefor Q2, sees Q2 revs of $296-304 mln vs. $299.43 mln Capital IQ Consensus Estimate.
• Co issues in-line guidancefor FY19, sees FY19 revs of $1.32-1.37 bln vs. $1.34 bln Capital IQ Consensus Estimate.

Long trade : PSTG +20% (5/17)

• 5/23:  #15, 37
• 3, 9, 15, 37, 59, 72, 75
• vol. 2.1 M
• 5/30/17 : +20%

  

Pure Storage (PSTG) reported earnings on Wed 24 May 2017 (a/h)

• Day before 5/23: 3, 9, 15, 37,  59, 72, 75

** charts before earnings **

  

** charts after earnings **

Pure Storage beats by $0.08, beats on revs; guides Q2 revs in-line; reaffirms FY18 revs guidance:

• Reports Q1 (Apr) loss of $0.14 per share, $0.08 better than the Capital IQ Consensus of ($0.22); revenues rose 30.5% year/year to $182.6 mln vs the $176.13 mln Capital IQ Consensus.
  • Non-GAAP Gross Margin 66.4%, Q4 66.0%
  • Operating Margin -16.7%, guidance was -27 to -23%.
• Co issues in-line guidance for Q2, sees Q2 revs of $214-222 mln vs. $214.22 mln Capital IQ Consensus Estimate.
  • Non-GAAP gross margin in the range of 63.5% to 66.5%;
  • Non-GAAP operating margin in the range of -16% to -12%;
• Co reaffirms guidance for FY18, sees FY18 revs of $975-1025 mln vs. $988.86 mln Capital IQ Consensus Estimate.
  • Non-GAAP gross margin in the range of 63.5% to 66.5%;
  • Non-GAAP operating margin in the range of -9% to -5%;
  • "We continue to drive strong year over year improvement in operating leverage as we drive to our $1 billion full year revenue target."

Pure Storage (PSTG) reported earnings on Thur 8/25/16 (a/h)

** charts before earnings **

** charts after earnings **

    

Pure Storage beats by $0.07, beats on revs; guides Q3 revs in-line:

• Reports Q2 (Jul) loss of $0.16 per share, $0.07 better than the Capital IQ Consensus of ($0.23); revenues rose 92.8% year/year to $163.21 mln vs the $155.11 mln Capital IQ Consensus.
• Quarterly gross margin: 65.2% GAAP; 66.3% non-GAAP, up 6.7 ppts and 7.1 ppts Y/Y, respectively, and in line with non-GAAP gross margin guidance of 65-68%.
• Co issues in-line guidance for Q3, sees Q3 revs of $187-195 mln vs. $189.03 mln Capital IQ Consensus Estimate; sees Non-GAAP gross margin in the range of 64% to 67%; sees Non-GAAP operating margin in the range of -17.5% to -13.5%

Long trade : PSTG +30% (8/16)

Pure Storage (PSTG) reported earnings Wed 25 May 2016 (a/h)

** charts before earnings **

 

** charts after earnings **

  

Pure Storage beats by $0.01, beats on revs; guides Q2 revs in-line  :

• Reports Q1 (Apr) loss of $0.22 per share, $0.01 better than the Capital IQ Consensus of ($0.23); revenues rose 88.8% year/year to $139.9 mln vs the $138.3 mln Capital IQ Consensus.
  • Free Cash Flow was -12.6% of revenue compared to -289.2% in prior year
  • Gross Margin 67.3% (Guidance 65-68%)
• Operating Margin (29.4%)
• Co issues in-line guidance for Q2, sees Q2 revs of $153-157 mln vs. $153.72 mln Capital IQ Consensus Estimate.
  • Sees Gross Margin in the range of 65-68%
  • Sees Operating Margin in the range of (30%)-(26%)

Long trade : PSTG +8% (5/16)

• Didn't do much after that.....

Pure Storage (PSTG) reported earnings Thur 3 Dec 2015 (before open)

** charts before earnings **

 ** charts after earnings **

Pure Storage beats by $0.13, beats on revs; sees Q4 revs above consensus :

Reports Q3 EPS of ($0.18) vs ($0.31) Capital IQ consensus; revs rose 167% YoY to $131.4 mln vs $107.4 mln consensus.

• Fourth Quarter Fiscal 2016 Guidance: Co sees revs in the range of $134-139 mln vs $122.9 mln consensus

** charts a week later  **

A month later: