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 story : Pure Storage stock heads to record after Q3 earnings, raised outlook #FinanceUSA #StockMarketNEWS Shares of Pure Storage Inc. rallied 10% in the extended session Tuesday and headed to a record after

@stockMarketNEWS 3 Days ago

Posted in: #FinanceUSA #StockMarketNEWS

Pure Storage stock heads to record after Q3 earnings, raised outlook #FinanceUSA #StockMarketNEWS
Shares of Pure Storage Inc. rallied 10% in the extended session Tuesday and headed to a record after the tech company reported fiscal third-quarter sales well above Wall Street expectations and raised its outlook, saying rising customer demand fueled its performance. Pure Storage said it lost million, or 10 cents a share, in the quarter, compared with a loss of million, or 28 cents a share, in the year-ago quarter. Adjusted for one-time items, the company earned 22 cents a share, beating expectations of 12 cents a share. Revenue rose 37% to 3 million and above FactSet consensus for 1 million. The company raised its fiscal-year 2022 revenue outlook to .1 billion. The stock ended the regular trading day down 0.7%.


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