Pure Storage, a company that makes tools to store lots of information, had some good news and some bad news! Their sales were better than expected, but their profits weren't as high as hoped. This made the price of their stock go down.
- Pure Storage sold more than expected.
- Their profits were lower than expected.
- The price of Pure Storage stock dropped by more than 9%.
- Some experts still think the stock is a good investment.
| Fact | Number |
|---|---|
| Sales for the last quarter | $880 million |
| Earnings per share | 45 cents (but lower than last quarter) |
| Stock price drop | More than 9% |
| Expected sales this quarter | $770 million |
