Investing.com - Pure Storage Inc (NYSE:PSTG) shares were attracting buying interest during Thursday’s after hours session following the company’s release of expectation-topping quarterly results.
The data platform provider lost $0.11 in the recent quarter, a narrower loss than the $0.15 analysts forecast. Revenue jumped 37.6% year-over-year to reach $224.5 million, $5.86 million more than analysts called for.
Pure Storage also raised its full-year fiscal 2018 revenue guidance to between $985 million and $1.025 billion and non-GAAP operating margin guidance to between negative 7% and negative 3%.
Shares were being bid up 4% during Thursday's after hours session.