PSTG - Pure Storage Non-GAAP EPS of $0.25 beats by $0.20 revenue of $620.4M beats by $98.66M
Pure Storage press release (NYSE:PSTG): Q1 Non-GAAP EPS of $0.25 beats by $0.20. Revenue of $620.4M (+50.3% Y/Y) beats by $98.66M. Shares +12.4%. Subscription services revenue $219.2 million, up 35% year-over-year Subscription Annual Recurring Revenue (ARR) $899.8 million, up 29% year-over-year Remaining Performance Obligations (RPO) $1.4 billion, up 26% year-over-year GAAP gross margin 68.7%; non-GAAP gross margin 70.6% GAAP operating loss $(4.6) million; non-GAAP operating income $85.4 million GAAP operating margin (0.7)%; non-GAAP operating margin 13.8%
For further details see:
Pure Storage Non-GAAP EPS of $0.25 beats by $0.20, revenue of $620.4M beats by $98.66M