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Pure Storage Inc.  (PSTG)
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    Sector  Technology    Industry Computer Networks
   Industry Computer Networks
   Sector  Technology
 


A remarkable execution by the company in the second quarter of 2022 earnings season

company recorded second quarter of 2022 operating income of $14.363 millions

Published 2022-09-16T08:33:41-04:00
Goran Soko / CSIMarket.com Contributer

computer_networks_pdFor the second quarter of 2022 earnings season company had turn a round to income by posting earnings per share of $0.03 per share compare to $-0.16 a year prior and earnings per share turned positive from $-0.04 per share from the preceding quarter.

Revenues jumped by 30.179 % to $646.77 millions from $496.83 millions in the comparable quarter a year prior and sequentially Revenues grew by 4.25 % from $620.41 millions.




The Computer Networks company saw earnings of $10.922 millions in the second quarter of 2022 earnings season an improvement versus a net loss of $-45.265 millions in the comparable quarter a year ago. Pure Storage Inc. also emphasized it's improving profit margins, where net margin rose to 1.69% in second quarter of 2022 earnings season, and operating margin edged up to 2.22%.


Pure Storage Inc. is expected to report next financial recent numbers on December 06, 2022.


    Recently Reported Results
light-ball-bench-manfred-kielnhofer-plastics-austria_By_Kronberger4_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common Vystar Corporation

An eye-catching slump in Revenues at the company over the fiscal second quarter of 2022

For the most recent fiscal period company reached 0 of $0.00 per share compare to $0.00 a year prior and from $0.00 per share from the prior reporting season.

Revenues faded by -48.584 % to $3.20 millions from $6.22 millions in the similar reporting season a year prior and sequentially Revenues fell by -16.754 % from $3.84 millions.


factory-2937337_960_720 Durable Goods Orders

New orders accelerate in July 2022

New orders increased on the faster pace again, excluding defense booking grew even faster 1.52 %. That category excludes defense and gives a better indication of longer-term trends in the private sector.

drill_milling_milling_machine_drilling_tool_metal_metalworking_industry-937445 Donaldson Company Inc.

Profits Climbed by 23.4 % at DCI during the fourth quarter of 2022 earnings season

DCI delivered notable May to July 31 2022 interval Revenue and profitability improvement , where Revenue inched up by 15.106 % to $890.00 millions when compared with the prior year period, profitability were up by 23.4 % at $0.81 per share.


reception_By_Steve_Nagata_from_Tokyo,_Japan__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Common Galaxy Next Generation Inc.

Impressive 153.074%, improvement in Revenues , by the company during the fiscal fourth quarter of 2022

For the financial fourth quarter of 2022 company income per share remained unchanged of $0.01 per share compare to $-0.00 a year prior and from $-0.00 per share from the prior reporting season.

Revenues advanced sharply by 153.074 % to $1.19 millions from $0.47 millions in the similar reporting season a year prior and sequentially Revenues surged by 52.725 % from $0.78 millions.


popcorn-1433327_960_720 Manchester United Plc

For the financial time-frame closing June 30 2022 MANU increased a loss per share of $-0.71 per share compare to $-0.57 a year prior and from $0.00 per share from the preceding financial reporting period.

Revenues rose in double digits by 18.029 % to $583.20 millions from $494.12 millions in the comparable financial reporting period a year prior and sequentially Revenues surged from $0.00 millions.


Factory Orders (Picture Autor: Wolfgang Meinhart) licence GNU Factory Orders

Demand for Manufacturing Goods accelerates in June 2022

orders increased on the faster pace again, as bookings outgrow production.

dollar-1175048_960_720 Gross Domestic Product

Recession became official in the second-quarter of 2022

The second consecutive quarter of GDP contraction, made recession official in the second-quarter of 2022, led by decline in investments and cuts in government outlays.

factory_night_long_exposure_industry_power_industrial_energy_global-589754 Industrial production

Industrial production accelerates in July 2022

The output rate of the nation's factories, mines and utilities accelerated due to increase in production of cars by 6.1 %.

Dryvax_pd Inmed Pharmaceuticals Inc.

The Major Pharmaceutical Preparations company released Revenue of $0.514758 millions, in the most recent fiscal period

INM revealed $0.514758 millions, in Revenue in the fiscal fourth quarter of 2022.


By_Marcela_pd_via_Wikimedia_Commons Rave Restaurant Group Inc.

The Grocery Stores company declared notable double digit Revenues growth, amid the financial span ending June 26 2022

RAVE displayed pleasant results in the financial span ending June 26 2022. Revenues were at $2.82 millions higher by 18.663 % year on year and advanced by 7.748 % quarter on quarter, while earnings per share soared by 670.28 % to $0.38, sequentially earnings per share more than doubled by 1159.86 %.


Pipeline_device_By_Audriusa_(Audrius_Meskauskas)_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons Delek Logistics Partners Lp

Steller 58.329%, rise in Revenues at DKL in the April to June 30 2022 three months

DKL announced income per share of $0.74 and Revenue of $413.16 millions in the second quarter of 2022 financial report, Delek Logistics Partners Lps' income per share dropped $0.74 per share, versus $1.00 eps, earned in second quarter of 2020, although the Natural Gas Utilities company saw its Revenue rise by 58.329 % in the corresponding period.


dream-job-2904780_960_720 Healthcare Integrated Technologies Inc.

The company reported operating shortfall of $-0.119814 millions, in the Jul 31 2022 report

As the May to July 31 2022 reporting cycle resumes, many entities have announced the earnings. In the thick of it, have been several constituents of the Employment Agencies sector. As well as, now, TCKF disclosed operating shortfall of $-0.119814 millions, for the May to July 31 2022 span.


IHB_Pharmacy_By_Theihb_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons Merion Inc.

Critical quarter for the company amid the April to June 30 2022 interval

For the financial second quarter of 2022 company reached break-even of $0.00 per share compare to $-0.01 a year prior and from $0.00 per share from the preceding financial reporting period.

Revenues went down sharply by -89.295 % to $0.08 millions from $0.76 millions in the corresponding financial reporting period a year prior and sequentially Revenue Tumbled by -44.151 % from $0.15 millions.


container_ship_container_ship_charge_freighter_cargo_shipping_transport-715194 Unique Logistics International Inc.

The Marine Transportation company reported that it has experienced astonishing adversities, all along the fourth quarter of 2022

For the fourth quarter of 2022 earnings season company reached 0 of $0.00 per share compare to $-0.00 a year ago and from $-0.01 per share from the preceding quarter.

Revenues faded by -34.943 % to $326.35 millions from $501.64 millions in the comparable quarter a year ago and sequentially Revenue Tumbled by -33.903 % from $493.75 millions.




Other PSTG's Earnings Reports

Pure Storage reported third quarter 2022 earnings

Pure Storage reported second quarter 2021 earnings

Pure Storage reported first quarter 2021 earnings

       
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