Pure Storage Raises FY Guidance After 3Q Rev Growth

Dow Jones

1 hour ago

By Elias Schisgall

Pure Storage raised its guidance for the full year after the company posted higher revenue across its business units.

The Santa Clara, Calif.-based data storage firm said Tuesday it now sees full-year revenue of between $3.63 billion and $3.64 billion, up from previous guidance between $3.6 billion and $3.63 billion.

Analysts polled by FactSet were expecting $3.62 billion in revenue for the year.

Pure Storage also posted a third-quarter profit of $54.8 million, or 16 cents a share, down from $63.6 million or 19 cents a share, a year earlier, as operating expenses rose across the board.

Adjusted earnings were 58 cents a share, meeting the expectations of analysts polled by FactSet.

Revenue rose to $964.5 million, compared with $831.1 million a year earlier. Analysts were expecting $955.9 million in revenue, and the company had guided for revenue between $950 million and $960 million.

Pure Storage saw revenue growth in both product revenue and subscription services. Product revenue grew to $534.8 million, up from $454.7 million a year earlier. Subscription revenue was $429.7 million, up from $376.3 million a year earlier.

The company forecast revenue in the current fourth quarter between $1.02 billion and $1.04 billion. Analysts are expecting $1.02 billion in revenue.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

December 02, 2025 16:42 ET (21:42 GMT)

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Analysts were expecting $955.9 million in revenue, and the company had guided for revenue between $950 million and $960 million. \n</p>\n<p>\n  Pure Storage saw revenue growth in both product revenue and subscription services. Product revenue grew to $534.8 million, up from $454.7 million a year earlier. Subscription revenue was $429.7 million, up from $376.3 million a year earlier. \n</p>\n<p>\n  The company forecast revenue in the current fourth quarter between $1.02 billion and $1.04 billion. Analysts are expecting $1.02 billion in revenue. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) <a href=\"https://laohu8.com/S/DOW\">Dow</a> Jones Newswires\n</p>\n<p>\n  December 02, 2025 16:42 ET (21:42 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2588606943","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588606943","pubTimestamp":1764711720,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Pure Storage raised its guidance for the full year after the company posted higher revenue across its business units.The Santa Clara, Calif.-based data storage firm said Tuesday it now sees full-year revenue of between $3.63 billion and $3.64 billion, up from previous guidance between $3.6 billion and $3.63 billion.Analysts polled by FactSet were expecting $3.62 billion in revenue for the year.Pure Storage also posted a third-quarter profit of $54.8 million, or 16 cents a share, down from $63.6 million or 19 cents a share, a year earlier, as operating expenses rose across the board.Adjusted earnings were 58 cents a share, meeting the expectations of analysts polled by FactSet.Revenue rose to $964.5 million, compared with $831.1 million a year earlier. 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Analysts were expecting $955.9 million in revenue, and the company had guided for revenue between $950 million and $960 million. \n\n\n  Pure Storage saw revenue growth in both product revenue and subscription services. Product revenue grew to $534.8 million, up from $454.7 million a year earlier. Subscription revenue was $429.7 million, up from $376.3 million a year earlier. \n\n\n  The company forecast revenue in the current fourth quarter between $1.02 billion and $1.04 billion. Analysts are expecting $1.02 billion in revenue. \n\n\n \n\n\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 02, 2025 16:42 ET (21:42 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}