The company said revenue for fiscal 2025 Q1 (ended May 5, 2024) rose 18% year over year to $693.5 million, and subscription services revenue increased 23% to $346.1 million.

1. 01

   The company said revenue for fiscal 2025 Q1 (ended May 5, 2024) rose 18% year over year to $693.5 million, and subscription services revenue increased 23% to $346.1 million.

2. 02

   The company reported a GAAP operating loss of $(41.8) million for Q1 (GAAP operating margin of 6.0%) and non-GAAP operating income of $100.4 million (non-GAAP operating margin of 14.5%).

3. 03

   The company said operating cash flow for Q1 was $221.5 million, free cash flow was $172.7 million, and total cash, cash equivalents and marketable securities were $1.7 billion.

4. 04

   Pure Storage gave guidance of revenue of $755M and non-GAAP operating income of $125M for Q2, and revenue of $3.1B and non-GAAP operating income of $532M for fiscal 2025. It said actual results may differ from this outlook.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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