** 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%)