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Pure Storage Inc (PSTG) Files 10-K for the Fiscal Year Ended on January 31, 2019

- By insider

Pure Storage Inc (PSTG) files its latest 10-K with SEC for the fiscal year ended on January 31, 2019. Pure Storage Inc provides data storage services. It provides flash optimized software, flash array hardware and cloud based management services. Pure Storage Inc has a market cap of $5.1 billion; its shares were traded at around $21.10 with and P/S ratio of 3.60. Pure Storage Inc had annual average EBITDA growth of 8.60% over the past five years.


For the last quarter Pure Storage Inc reported a revenue of $422.2 million, compared with the revenue of $338.3 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.4 billion, an increase of 32.9% from last year. For the last five years Pure Storage Inc had an average revenue growth rate of 93.5% a year.

The reported loss per diluted share was 77 cents for the year, compared with the loss per share of $1.26 in the previous year. The Pure Storage Inc had an operating margin of -12.45%, compared with the operating margin of -18.1% a year before. The 10-year historical median operating margin of Pure Storage Inc is -40.68%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Pure Storage Inc has the cash and cash equivalents of $448.0 million, compared with $244.1 million in the previous year. The long term debt was $449.8 million. Pure Storage Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $21.10, Pure Storage Inc is traded at close to its historical median P/S valuation band of $21.43. The P/S ratio of the stock is 3.60, while the historical median P/S ratio is 3.67. The stock gained 7.86% during the past 12 months.

CFO Recent Trades:

  • CFO Timothy Riitters sold 5,210 shares of PSTG stock on 03/21/2019 at the average price of $21.46. The price of the stock has decreased by 1.68% since.
  • CFO Timothy Riitters sold 5,210 shares of PSTG stock on 03/19/2019 at the average price of $21.04. The price of the stock has increased by 0.29% since.
  • CFO Timothy Riitters sold 5,210 shares of PSTG stock on 03/14/2019 at the average price of $20.46. The price of the stock has increased by 3.13% since.
  • CFO Timothy Riitters sold 5,210 shares of PSTG stock on 03/12/2019 at the average price of $19.92. The price of the stock has increased by 5.92% since.

For the complete 20-year historical financial data of PSTG, click here.

This article first appeared on GuruFocus.