Pure Storage, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended May 2, 2021
May 26, 2021 at 04:10 pm EDT
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Pure Storage, Inc. announced unaudited consolidated earnings results for the first quarter ended May 2, 2021. For the period, the company reported total revenue of $412,707,000 compared to $367,119,000 a year ago. Loss from operations was $80,884,000 compared to $84,881,000 a year ago. Net loss was $84,206,000 compared to $90,594,000 a year ago. Basic and diluted net loss per share attributable to common stockholders was $0.30 compared to $0.34 per share a year ago.
Pure Storage, Inc. is a data storage and management company. The Company is focused on delivering a disruptive data storage platform, which supports a range of structured and unstructured data, at scale and across any data workload in hybrid and public cloud environments, and includes mission-critical production, test and development, analytics, disaster recovery, backup and restore, artificial intelligence (AI) and machine learning. Its integrated hardware systems include FlashArray and FlashBlade. Its cloud-native storage includes Portworx by Pure Storage and Portworx Data Services. It delivers modern cloud-oriented services, management and automation to customers across their on-premises, private and public cloud environments. Its cloud operating model is delivered through its Pure Fusion, Evergreen architecture and Pure1 cloud management plane. The Company sells its products and subscription services using a direct sales force and its channel partners.