The company stated in its Prepared Remarks accompanying Q3 results: “In addition, we plan to grow our hyperscaler business. In doing so, we will be evaluating additional business model options which may result in changes in gross margin economics for the Hyperscaler business in FY27 relative to FY26.”
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Read More on PSTG:
- Pure Storage sees Q4 revenue $1.02B-$1.04B, consensus $1.02B
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- Pure Storage reports Q3 GAAP EPS 16c vs. 19c last year
- Pure Storage options imply 9.7% move in share price post-earnings
