Pure Storage Beats Q4 Estimates but Shares Drop 10…
From Financial Modeling Prep: 2025-02-27 10:55:00
Pure Storage (NYSE:PSTG) reported Q4 results exceeding expectations with adjusted EPS of $0.45 and revenue of $879.8 million, up 11% YoY. Fiscal year 2025 revenue hit $3.2 billion, a 12% increase. However, the stock dropped 10% as the 2026 revenue forecast of $3.515 billion fell short of the $3.52 billion consensus.
Subscription services were a bright spot for Pure Storage, with Q4 revenue up 17% YoY to $385.1 million and full-year revenue climbing 22% to $1.5 billion. Q1 fiscal 2026 revenue is projected at $770 million, slightly exceeding analysts’ expectations of $768.29 million.
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