AI brief of an SEC Form 8-K · Everpure (P)

Pure Storage Q4 revenue falls 3%; guides FY25 revenue to $3.1 billion, adds $250 million buyback

Mixed Impact 4 of 5 earnings Written later

Pure Storage reported fiscal fourth-quarter 2024 revenue of $789.8 million, down 3% from a year earlier, while full-year revenue rose 3% to $2.8 billion. Fourth-quarter GAAP operating income fell to $57.4 million from $64.6 million, and diluted EPS was $0.20 versus $0.22. The company guided fiscal 2025 revenue to $3.1 billion and authorized up to an additional $250 million in share repurchases.

Key points

  • Q4 revenue $789.8 million, down 3% year-over-year; subscription services revenue $328.9 million, up 24%
  • Full-year fiscal 2024 GAAP net income $61.3 million, versus $73.1 million in fiscal 2023
  • Guidance: Q1 fiscal 2025 revenue $680 million; fiscal 2025 revenue $3.1 billion, 10.5% growth
  • Audit & Risk Committee approved up to an additional $250 million in share repurchases, on top of $145 million remaining

The filing

CompanyEverpure (P)
Form8-K, current report
Filed with the SECFeb 28, 2024, 4:06 PM ET
Accession number0001628280-24-007577

Items reported: 2.02 Results of Operations8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 7:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 28, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.