Pure Storage Expects Q2 Revenue Of $680M For Q2, Consensus $656.13M
Portfolio Pulse from Benzinga Newsdesk
Pure Storage expects Q2 revenue of $680 million, surpassing the consensus estimate of $656.13 million.
May 31, 2023 | 8:09 pm
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POSITIVE IMPACT
Pure Storage's Q2 revenue forecast of $680 million exceeds the consensus estimate of $656.13 million.
Pure Storage's higher-than-expected Q2 revenue forecast is likely to have a positive impact on its stock price in the short term. Investors may view this as a sign of strong performance and growth, leading to increased demand for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100