$13.97
24h
-1.03%
24 Sep, 09:41
FY28 Revenue Guidance Beats Consensus on AI & Hyperscale Growth
Bullish+4.64%
AI Summary
The author highlights Everpure's (formerly Pure Storage) FY28 revenue guidance significantly exceeding consensus estimates, driven by emerging growth segments like Scale AI and hyperscale solutions.
$P GUIDES FY28 REVENUE WELL ABOVE CONSENSUS
Everpure, formerly Pure Storage, sees FY28 revenue of $7.0B-$7.3B, up 39%-45% Y/Y and well above the $6.19B Est.
Newer growth areas including Scale AI, Modern Data Software and Hyperscale Solutions could reach ~20% of revenue by FY30 https://x.com/wallstengine/status/2103057302953890174/photo/1