When did pure storage go public?

October 2015
The Pure Storage IPO, in October 2015, was the culmination of a long process. The company was six years old and had completed six rounds of private funding. Pure had nearly 1,200 employees, and its annualized revenue was nearly $500 million.

Is Pure Storage stock a buy?

Pure Storage has received a consensus rating of Buy. The company’s average rating score is 2.80, and is based on 14 buy ratings, 5 hold ratings, and no sell ratings.

Is Pure Storage profitable?

Is Pure Storage Profitable? Pure Storage is currently profitable on a non-GAAP basis, but it is still suffering from GAAP losses. As mentioned in the preceding section, PSTG achieved a positive non-GAAP EPS of +$0.25 in Q1 FY 2023.

Is pure storage growing?

The company has said it now has 4,200 employees. Pure expects to see revenues of about $520 million next quarter, up 26 per cent year-on-year, with full 2023 revenues of around $2.6 billion – a 19 per cent rise on 2022.

Is Pure Storage a Fortune 500 company?

Fortune 500 companies across all industries trust us with their data. Pure Storage is a 2019 Gartner Magic Quadrant for Primary Storage Leader and positioned furthest for Completeness of Vision.

Is Pure Storage SAN or NAS?

Choose Pure Storage FlashBlade® for File Storage Pure FlashBlade® is a scale-out NAS solution that allows you to simplify and consolidate data storage in modern storage infrastructure. FlashBlade offers both file and object storage and delivers native all-flash performance.

Does Pure Storage pay a dividend?

Does Pure Storage pay a cash dividend? No, we have never declared or paid a cash dividend nor do we expect to pay any cash dividends in the foreseeable future.

Why is Pure Storage up?

Quarter Details Subscription services revenues (30.5%) of $216 million surged 42% on a year-over-year basis. The upside can be attributed to ongoing support contracts and robust adoption of Evergreen subscription services and Pure as-a-Service subscription, including Cloud Block Store.

Is Pure Storage a good company to work for?

92% of employees at Pure Storage say it is a great place to work compared to 57% of employees at a typical U.S.-based company. Source: Great Place to Work® 2021 Global Employee Engagement Study. Our customers would rate the service we deliver as “excellent.” When you join the company, you are made to feel welcome.

What makes Pure Storage unique?

What makes Pure Storage different? Pure is built from the ground up to be a modern data storage company unlike the rest. And it all starts with Pure Storage culture. Pure Storage represents a group of innovators with a relentless drive to deliver a best-in-class experience for customers across every touchpoint.

Is pure storage a good company to work for?

How many customers does pure storage have?

Pure Storage Operating Metrics Pure Storage’s Enterprise Customers was reported to be 10 k in FY, 2022. Pure Storage’s New Customers was reported to be 450 in Q2, 2020.

Who manufactures pure storage?

Pure Storage was founded in 2009 under the code name Os76 Inc. by John Colgrove and John Hayes. Initially, the company was setup within the offices of Sutter Hill Ventures, a venture capital firm, and funded with $5 million in early investments.

Is pure storage a Fortune 500 company?

What is FlashArray?

An all-flash array (AFA), also known as a solid-state storage disk system or a solid-state array, is an external storage array that uses only flash media for persistent storage. Flash memory is used in place of the spinning hard disk drives (HDDs) that have long been associated with networked storage systems.

Is Pure Storage all-flash?

Pure Storage provides all-flash data storage products and solutions for data centers.

What is it like to work at Pure Storage?

Why do you want to work at Pure Storage?

Pure Storage is an excellent company to work for – the culture of success, excellent technology and services, and happy customers create a great job. Pure Storage provides it’s customers with excellent products and services and Pure employees with the sense of a successful mission and purpose.

Who competes with Pure Storage?

Pure Storage competitors include IBM, Nutanix, NetApp and Aberdeen. Pure Storage ranks 1st in CEO Score on Comparably vs its competitors.

Who is the CEO of Pure Storage?

Charles H. Giancarlo (Aug 2017–)Pure Storage / CEO