PSTG - Pure Storage Stock Tumbles On Q3 Earnings: What's Happening? | Benzinga
Pure Storage Inc (NYSE: PSTG) shares were trading lower in Wednesday's after-hours session on the heels of the company's third-quarter financial results. Here's a look at the key metrics from the quarter.
- Q3 Revenue: $762.8 million missed estimates of $763.362 million
- Q3 EPS: 50 cents beat estimates of 40 cents
Total revenues were up 13% year-over-year. Subscription services revenue was up 26% year-over-year.
Operating cash flow came in at $158.4 million and free cash flow totaled $113.4 million in the quarter. ...