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Adam_a

Pure Storage Reports 4Q18 & FY18 Earnings

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The numbers for the quarter show revenue of $338.3 million up a whopping 48% from this time last year and up form $278 million of last quarter. Gross margin was 65.1% GAAP and 66.2% non-GAAP. The company reported a net loss of $11.9 million (GAAP) and a $31.8 net income non-GAAP. This is significantly higher than this time last year with a GAAP net loss of $42.9 million and a non-GAAP net loss of $4.8 million. For diluted earing per share this comes out to $0.05 loss on GAAP and $0.13 non-GAAP income. Pure reported an operating cash flow of $59 million and free cash flow of $38.3 million.

 

Pure Storage Reports 4Q18 & FY18 Earnings

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