Track all markets on TradingView Introduction: In recent years, Pure Storage, Inc. (PSTG) has been on a mission to enhance its product offerings and boost growth. In line with this goal, the company has acquired two complementary businesses – Portworx in October 2020 and Compuverde AB in April 2019. These acquisitions aim to strengthen Pure …
Track all markets on TradingView As Pure Storage, Inc. (PSTG) continues its expansion into the international market, the company may encounter several challenges that could impact its long-term growth. Workforce planning, employee expectations, international operations, and intellectual property laws are among the key concerns for the company’s future success. Expanding and Optimizing Sales Force One …
Track all markets on TradingView Pure Storage, Inc. (PSTG) has experienced significant revenue growth and headcount expansion over the last three fiscal years, with nearly a 19% compounded annual growth rate. The company has also expanded its customer base, channel partner relationships, and operations during this period. If it continues to execute on its business …
Track all markets on TradingView As the data storage industry continues to evolve, notable player Pure Storage, Inc. faces numerous challenges, including supply chain constraints and the transition to subscription-based offerings. These factors may impact the company’s financial performance and growth in the highly competitive sector. Therefore, it is essential to understand the details and …
Track all markets on TradingView In their most recent quarterly report, Pure Storage, Inc. (PSTG) has reported $1.2 billion in cash, cash equivalents, and marketable securities. Despite the uncertain macroeconomic conditions, the data storage company continues to maintain a strong financial position and showcases potential for future growth in the technology sector. Founded in 2009, …
Track all markets on TradingView Pure Storage, Inc. (PSTG), a leading data storage company, has reported a 29% YoY growth in Subscription Annual Recurring Revenue (ARR) reaching $1,156,857 in the first quarter of fiscal 2024. Despite a 5% decrease in total revenue compared to the first quarter of fiscal 2023, the company has demonstrated strong …
Pure Storage Reports 29% YoY Growth in Subscription Annual Recurring Revenue in Q1 2024 Read More »
Track all markets on TradingView Pure Storage, Inc. (ticker: PSTG), a leading global provider of data storage and management solutions, reported an $822.7 million unrecognized employee stock-based compensation cost related to unvested Restricted Stock Units (RSUs) and Performance Restricted Stock Units (PRSUs). The cost is expected to be recognized over a weighted-average period of 3.0 …
Track all markets on TradingView Intangible Assets and Amortization Expenses In the first quarter of fiscal year (FY) 2024, Pure Storage, Inc. (PSTG) reported a net carrying amount value of $45.064 million for intangible assets. The company’s future expected amortization expense for these assets is also $45.064 million, suggesting a strong return on investment in …
Track all markets on TradingView Pure Storage, Inc. (ticker: PSTG), a leading data storage company, has announced its financial results for the first quarter of Fiscal Year (FY) 2024 in an unaudited condensed consolidated financial statement. The report reflects increased revenue from subscription services and provides insights into the company’s financial position, including cash and …
Pure Storage Inc. Reports Increased Subscription Services Revenue in Q1 FY2024 Read More »
Track all markets on TradingView Pure Storage, Inc. (Ticker: PSTG), a leading provider of innovative storage solutions, has announced strong growth in its 2024 first-quarter financial results, showcasing a noticeable increase in both product and service revenue. According to the company’s quarterly report, the period between 2023-02-06 to 2024-05-07 witnessed significant growth in various revenue …
