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These Analysts Revise Their Forecasts On Pure Storage After Q3 Results
Why it may matterVerify against the original reporting
Despite strong revenue growth, the 26.3% drop and mixed analyst ratings suggest instability.
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PSTG met earnings estimates but reported a mixed analyst reaction. Revenue beat expectations at $964.45 million for the quarter. CEO emphasizes data accessibility's importance for competitive AI advantage. Fiscal 2026 revenue guidance raised to $3.63-$3.64 billion. Shares fell 26.3% post-earnings, indicating market uncertainty.
- PSTG met earnings estimates but reported a mixed analyst reaction.
- Revenue beat expectations at $964.45 million for the quarter.
- CEO emphasizes data accessibility's importance for competitive AI advantage.
- Fiscal 2026 revenue guidance raised to $3.63-$3.64 billion.
- Shares fell 26.3% post-earnings, indicating market uncertainty.
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