Pure Storage的超大规模业务缺乏清晰度 -- 市场评论

投资观察12-04 03:16

1411 ET - 摩根士丹利最初对Pure Storage的第三季度电话会议感到困惑。分析师Erik Woodring在一份报告中表示，在准备好的发言中，首席执行官传达了对销售和市场推广以及研发的“重大”投资将持续到2027财年的信息，而首席财务官则提到了经营收入增长和利润率扩张。Woodring表示，后续电话会议提供了一些清晰度，管理层表示，虽然向更多超大规模收入的转变应该有助于产品毛利率，但仍将继续投资以获取更多超大规模的市场份额。然而，Woodring指出，他仍在寻找Pure Storage超大规模业务的单位经济学的答案，以及在2027财年经营利润增长的预期，尽管管理层在传达明年将继续提高营业费用强度的消息。Pure Storage下跌27%。（elias.schisgall@wsj.com）

（结束）道琼斯新闻社

2025年12月3日14:12 ET（19:12 GMT）

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