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Pure Storage Stock Plunges Despite Strong Earnings Report.
ByAinvest
Thursday, Dec 4, 2025 2:25 am ET1min read
Pure Storage's Q3 2026 report showed 16% YoY revenue growth to $964.5 million, with adjusted EPS rising to $0.58. However, the stock crashed 26% as investors were disappointed with the modest next-quarter guidance and slower growth in recurring sales. The report also failed to justify the stock's high valuation of 233 times trailing earnings.
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