Pure Storage Sees FY25 Revenue $3.1B Vs $3.127B Est.
Portfolio Pulse from Benzinga Newsdesk
Pure Storage has announced its FY25 revenue forecast of $3.1 billion, slightly below the estimated $3.127 billion.
May 29, 2024 | 8:23 pm
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Pure Storage's FY25 revenue forecast of $3.1 billion is slightly below the market estimate of $3.127 billion, which may lead to a short-term negative impact on the stock price.
The revenue forecast being below market expectations can lead to investor disappointment and a potential short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100