Pure Storage: Fiscal Q1 Earnings Snapshot

MOUNTAIN VIEW, Calif. (AP) — MOUNTAIN VIEW, Calif. (AP) — Pure Storage Inc. (PSTG) on Wednesday reported a loss of $67.4 million in its fiscal firs...

June 5, 2023
8:06 AM

MOUNTAIN VIEW, Calif. (AP) — MOUNTAIN VIEW, Calif. (AP) — Pure Storage Inc. (PSTG) on Wednesday reported a loss of $67.4 million in its fiscal first quarter. The Mountain View, California-based company said it had a loss of 22 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 8 cents per share. The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.