October 13, 2020

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Pure Storage beats earnings and revenue targets but stock falls again

Pure Storage beats earnings and revenue targets but stock falls again

Data center storage company Pure Storage Inc. saw its stock lose almost 5% of its value in after-hours trading today despite posting third-quarter revenue and profit that edged past analysts expectations. The company, best known for its flash memory-based hardware and software storage products, reported a profit before certain costs such as stock compensation of a [] The post Pure Storage beats ea

rnings and revenue targets but stock falls again appeared first on SiliconANGLE.

Author: Mike Wheatley

Date: 2020-11-25

URL: https://siliconangle.com/2020/11/24/pure-storage-beats-earnings-revenue-targets-stock-falls/

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