Pure Storage Q3 revenue $762.8M (+13% YoY); raises FY24 non-GAAP operating income guidance to $450M

Everpure, Inc.

2024-Q3 EPS reported -$0.01 revenue$2,040,816,000

Revenue $762.8M (+13% YoY); subscription ARR $1.3B (+26% YoY).
GAAP operating margin 9.7%; non-GAAP operating margin 22.2%; non-GAAP operating income $169.1M.
Q4 revenue guidance $782M; FY24 revenue $2.82B; FY24 non-GAAP operating income guidance raised to $450M.
Free cash flow $113.4M; returned $22.4M via share repurchases in Q3.
FlashArray//E now shipping; new power and rack cost guarantee program launched.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Everpure, Inc. reported third quarter fiscal 2024 ended November 5, 2023 results: revenue $762.8 million.

Period: third quarter fiscal 2024 ended November 5, 2023
Revenue: $762.8 million
Result: reported results

Exact text from the filing

for hardware changes or replacements — all while simplifying data storage operations, optimizing cloud storage, and reducing costs.” Third Quarter Financial Highlights • Revenue $762.8 million, an increase of 13% year-over-year • Subscription services revenue $309.6 million, up 26% year-over-year • Subscription annual recurring revenue (ARR) $1.3 billion, up 26%

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Source: SEC EDGAR

accession 0001628280-23-040217

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