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Pure Storage Inc.

PSTG

Pure Storage plunged 15.7% to $32.17 after the data storage company estimated a lower-than-expected current quarter and annual revenue.

Revenue in the third quarter increased 13% to $762.8 million from $676.1 million; the company swung to net income of $70.4 million from a loss of $0.7 million; and diluted earnings per share were 21 cents compared to breakeven.

Subscription services revenue increased by 26% to $309.6 million, and subscription annual recurring revenue also increased by 26% to $1.3 billion.
Nov 30, 2023

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Year	Apr	Jul	Oct	Jan	Annual

2023	0.24	-0.22	-0.02	0.21	-
2022	0.06	-0.04	0.03	0.00	0.23
2021	-0.18	-0.3	-0.16	-0.1	-0.5
2020	-	-0.34	-0.25	-0.28	-1.05
2019	-0.1	-0.41	-0.26	-0.12	-0.79
2018	-0.06	-0.29	-0.26	-0.12	-0.73
2017	0.21	0.30	0.29	0.20	1
2016	0.24	0.34	0.31	0.24	1.13
2015	-	-	-	0.39	0.39
2014	-	-	-1.43	0.00	-3.24