Trade Pure Storage, Inc. - PSTG CFD

About Pure Storage Inc

Pure Storage, Inc. provides technology and data storage solutions. The Company’s portfolio of products and subscription services includes of Cloud Data Infrastructure, an integrated hardware and software appliances which run in on-premises data centers; Cloud Data Services, a software services which run natively in public cloud infrastructures; and Cloud Data Management, a software hosted data management services to manage its entire platform. Cloud Data Infrastructure consists of deeply integrated storage hardware and software solutions that enable cloud providers, enterprises and governments to operate their global data infrastructure in the cloud. Its Cloud Data Infrastructure products include FlashArray and FlashBlade integrated appliances, which incorporate its Purity Operating Environment (Purity OE) software. Its Evergreen Storage subscription is often sold together with Cloud Data Infrastructure solutions and significantly extends the life of its solutions.

Financial summary

BRIEF: For the fiscal year ended 31 January 2022, Pure Storage Inc revenues increased 29% to $2.18B. Net loss decreased 49% to $143.3M. Revenues reflect Product increase of 26% to $1.44B, Support subscription increase of 37% to $738.5M. Basic Earnings per Share excluding Extraordinary Items increased from -$1.05 to -$0.50.