Pure Storage beats earnings forecasts but its stock dives

Pure Storage Inc. saw its stock crash today despite beating expectations with its second quarter financial results. The data storage company reported earnings before certain costs of 6 cents per share on revenue of $403.7 million, up 2% from a year ago. That was better than expected, with Wall Street having forecast a loss of […]

The post Pure Storage beats earnings forecasts but its stock dives appeared first on SiliconANGLE.