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Stock impact report

Pure Storage's Q3 Earnings Call: Our Top 5 Analyst Questions [Yahoo! Finance]

Pure Storage, Inc. Class A (PSTG) 
Last pure storage, inc. class a earnings: 2/27 04:02 pm Check Earnings Report
US:NYSE Investor Relations: investor.purestorage.com
Company Research Source: Yahoo! Finance
Pure Storage's third quarter results were met with a significant negative market reaction, driven by concerns over declining operating margins despite strong year-on-year revenue growth. Management attributed the quarter's performance to sustained enterprise demand and rapid adoption of its Evergreen One and modern virtualization solutions. CEO Charlie Giancarlo emphasized, “Our results were underpinned by continued strength in enterprise and sustained momentum in our Evergreen One and modern virtualization solutions.” The company also noted that shipments to hyperscale customers exceeded full-year forecasts earlier than anticipated, supporting the quarter's top-line growth. Show less Read more
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