Pure Storage, Inc. Class A Stock News

Data storage specialist Pure Storage (PSTG -2.63%) wasn't in the good graces of the stock market on Thursday. After its latest set of quarterly earnings were published the previous afternoon, investors traded out of the shares to leave them with a nearly 3% decline to close Thursday.

Pure Storage's Q1 results showcased ongoing margin pressure from a highly competitive, commoditized data storage industry, limiting pricing power and growth potential. Despite AI hype, Pure Storage's revenue growth remains tepid. Current trends may even be supported by pull-forwards in infrastructure investments, and are not necessarily sustainable. Rising R&D expenses are eroding operating pro...

Pure Storage, Inc. (NYSE:PSTG ) Q1 2026 Results Conference Call May 28, 2025 5:00 PM ET Company Participants Paul Ziots - Vice President, Investor Relations Charlie Giancarlo - Chief Executive Officer Kevan Krysler - Chief Financial Officer Rob Lee - Chief Technology Officer Conference Call Participants Amit Daryanani - Evercore Michael Tsvetanov - Wells Fargo Howard Ma - Guggenheim Securities ...

Pure Storage stock fell late Wednesday, despite the enterprise data storage company reporting strong fiscal Q1 results.

Q1 total revenue growth of 12% year-over-year Storage as a Service offerings TCV sales growth of 70% SANTA CLARA, Calif. , May 28, 2025 /PRNewswire/ -- Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced financial results for its first quarter fiscal year 2026 ended May 4, 2025.

SANTA CLARA, Calif. , May 27, 2025 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced a collaboration with SK hynix Inc, a pioneer in the global AI memory industry, to deliver state-of-the-art QLC flash storage products that meet the high-capacity, energy efficient requirements for data-intensi...

Pure Storage (PSTG -1.01%) is experiencing an increase in demand for its products due to the rising effectiveness of artificial intelligence.

BOSTON , May 19, 2025 /PRNewswire/ -- Red Hat Summit 2025 — Pure Storage ® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced Portworx® for KubeVirt - the first software-defined storage, virtualization-centric offering that provides a more cost-effective, low-risk approach for running VM workloads on Kubernetes using Red Hat...