Pure Storage Q3 Earnings: 15% Revenue Growth Expected

Pure Storage, a leading data storage solutions provider, is poised to unveil its third-quarter earnings this Tuesday, following a robust performance last quarter with a 13% year-over-year revenue increase. Analysts predict a 15% year-over-year revenue growth for this quarter, reaching approximately $955.8 million, and adjusted earnings of around $0.58 per share. Despite some competitors like IonQ and Dell reporting strong results, Pure Storages stock price has dropped nearly 10% over the last month, amidst broader market uncertainty due to potential trade policy shifts and corporate tax discussions.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.