Pure Storage reveals client wins and business growth

Pure Storage said revenue grew 2 percent to $403.7 million in its second quarter ended August 2, 2020.
Pure Storage customers
Pure Storage’s product revenue fell 9 percent. Pure Storage said subscription services revenue grew 37 percent to $131.4 million and represented approximately 33 percent of total revenue, up from 24 percent of total revenue.

Subscription services revenue includes revenues from Evergreen subscriptions and unified subscription, which includes Pure as-a-Service and Cloud Block Store.

Arrow Energy, BidFX, Dizzion Managed Desktop as-a-Service, Lafayette General Hospital and Telstra joined the growing list of existing Pure as-a-Service customers such as CDK Global and Options IT.
Pure Storage revenue
Pure Storage’s total revenue in the United States was $282 million, declining 4 percent and total international revenue grew 20 percent to $122 million.

Total bookings, or sales, during the first 6 months of the year grew 8.3 percent and during Q2, declined 3.3 percent due to the headwinds we faced in the United States.

Global channel sourced sales represent a growing and meaningful percentage of total sales, Pure Storage said.

Sales to new customers choosing Pure Storage represent over 20 percent of total sales.

Pure Storage acquired over 350 new customers compared to over 450 customers during Q2 of the prior year.

Charles Giancarlo, chairman and CEO of Pure Storage, said: “Pure delivers the Modern Data Experience by providing dynamic storage, a cloud-like experience via APIs, shared services and flexible on-demand consumption.”

Pure Storage announced the second generation of FlashArray//C, the industry’s first and still only all-QLC storage solution. This offering effectively renders hybrid storage obsolete by providing flash density, performance and reliability at lower costs than legacy hybrid disk arrays.

Pure Storage late last quarter expanded file portfolio with the introduction of File Services on FlashArray//C, which allows customers to simplify and consolidate their general purpose file needs on the same platform.

The combination of file support and FlashArray//C enables customers to cost effectively consolidate and run their block-based applications like VMs, databases and VDI alongside their general-purpose file systems and user shares on a unified FlashArray platform, Pure Storage said.

Related News

Latest News

Latest News