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Pure Storage Stock Drops 20.8% Amid Profit-Taking
ByAinvest
Sunday, Dec 7, 2025 11:17 pm ET1min read
Pure Storage (PSTG) fell 20.8% last week as investors took profits after the company's upbeat growth outlook for FY22. Total revenues jumped 16% to $964mln, while net income declined 13.8% to $54.8mln. Pure Storage raised its growth guidance for revenues to $3.63-$3.64bln, a 14.5%-14.9% YoY increase. For Q4, revenues are expected to be $1.02-$1.04bln, a 16.5%-17.6% growth.
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