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Pure Storage Inc - PSTG STOCK NEWS

Welcome to our dedicated news page for Pure Storage (Ticker: PSTG), a resource for investors and traders seeking the latest updates and insights on Pure Storage.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Pure Storage's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Pure Storage's position in the market.

News
Pure Storage Empowers Andra to Meet Sustainability Goals with an 80% Reduction in Data Center Footprint
Rhea-AI Summary
Pure Storage partners with Andra to modernize IT infrastructure for managing radioactive substances, emphasizing security, reliability, and sustainability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.9%
Tags
none
-
News
With Pure Storage, the City of Bloomington Reduces Data Center Footprint by 85%, While Driving Financial Flexibility and IT Performance
Rhea-AI Summary
Pure Storage helps the City of Bloomington optimize citizen services by providing financial flexibility, on-demand scale, and sustainability through efficient data storage solutions. The City's IT management and maintenance efforts have improved significantly, resulting in reduced data center footprint, flexible storage options, and faster access to critical data.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
Tags
none
-
News
With Pure Storage, MPI Reduces Data Center Footprint by 95%, Achieves 10x Faster Time to Recovery
Rhea-AI Summary
Pure Storage (PSTG) partners with Motion Picture Industry Pension and Health Plans to modernize IT environment for higher performance and efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.97%
Tags
none
News
Pure Storage Accelerates Enterprise AI Adoption to Meet Growing Demands with NVIDIA AI
Rhea-AI Summary
Pure Storage and NVIDIA collaborate to deliver new validated reference architectures for AI use cases, including RAG pipeline for AI inference and OVX Server Storage Reference Architecture. The partnership aims to meet the increasing demand for AI technologies in enterprises across various industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.62%
Tags
AI
-
News
Pure Storage Enables Puerto Rico's Largest Furniture Retailer to Drive Service Innovation, While Cutting IT Costs
Rhea-AI Summary
Pure Storage (PSTG) partners with Empresas Berríos, Puerto Rico's largest furniture store, to drive business growth through advanced data storage technologies and services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.14%
Tags
none
-
News
Pure Storage Delivers New Self-Service Storage Management Capabilities to Drive Enhanced Services Experience for Global Customers
Rhea-AI Summary
Pure Storage announces new self-service capabilities across its Pure1 storage management platform and Evergreen portfolio, empowering customers with more control over their data storage environment. The enhancements include autonomous upgrades, streamlined ransomware anomaly detection, automated disaster recovery as-a-Service, partner intelligence and performance tracking, simplified invoice management, and transparent sustainability compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.44%
Tags
none
News
Pure Storage Unveils Strategic Evolution of its Partner Program, Built for the Subscription Economy
Rhea-AI Summary
Pure Storage announces updates to its partner program to enhance partner experience and drive empowerment, scale, and preference. The company aims to support partners' growth in the subscription economy by providing new tools, pricing models, and intelligence dashboards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
25%
Tags
none
-
News
Pure Storage Announces Fiscal Fourth Quarter and Full Year 2024 Financial Results
Rhea-AI Summary
Pure Storage (PSTG) reports FY24 revenue of $2.8 billion, with Q4 revenue at $789.8 million. Subscription services revenue sees significant growth, with Q4 subscription ARR at $1.4 billion. RPO grows by 31% YoY. The company returns $135.7 million to stockholders in FY24 through share repurchases. FY25 guidance projects double-digit revenue growth fueled by Evergreen and Portworx offerings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
25%
Tags
earnings
-
News
Pure Storage Announces Date and Conference Call Information for Fiscal Fourth Quarter and Full Year 2024 Financial Results
Rhea-AI Summary
Pure Storage will host a conference call to discuss its financial results for the fourth quarter and full year 2024. The company will also participate in two investor conferences in March 2024. The live audio broadcast of the conference call will be available at the Pure Storage Investor Relations website, and a replay will be available for two weeks following the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.76%
Tags
earnings
News
With Pure Storage, Adistec Transforms Latin American IT While Cutting Hardware Costs up to 80% with Evergreen//Flex
Rhea-AI Summary
Pure Storage (PSTG) announced that Adistec, a leading managed services provider in Latin America, is leveraging Pure Storage's Evergreen//Flex subscription to deliver crucial value-added services to public and private sector organizations in Latin America. Adistec's existing data storage solution was causing outages and proved to be too slow and unreliable. With Pure Storage, Adistec gained competitive data storage consumption economics, improved data center efficiency and costs, and future-proofed data resiliency against outside threats. Adistec reduced hardware costs up to 80% by scaling capacity as needed, improved data reduction and data center footprint, and slashed data recovery time from weeks to minutes with immutable snapshots.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.34%
Tags
none
Stock PSTG logo
Pure Storage Inc

NYSE:PSTG

PSTG Rankings

#573 Ranked by Market Cap
#1519 Ranked by Stock Gains
N/A Ranked by Dividends

PSTG Stock Data

17.36B
306.78M
5.54%
82.87%
2.52%
Computer Storage Device Manufacturing
Manufacturing
Link
US
Mountain View

About PSTG

pure storage (nyse:pstg) helps innovators build a better world with data. pure's data solutions enable saas companies, cloud service providers, and enterprise and public sector customers to deliver real-time, secure data to power their mission-critical production, devops, and modern analytics environments in a multi-cloud environment. one of the fastest growing enterprise it companies in history, pure storage enables customers to quickly adopt next-generation technologies, including artificial intelligence and machine learning, to help maximize the value of their data for competitive advantage. and with a satmetrix-certified nps customer satisfaction score in the top one percent of b2b companies, pure's ever-expanding list of customers are among the happiest in the world.