Reply to post: Re: Are they "growing"?

En garde! Touché! Sorry for the cliché! Pure Storage flashes its blade

Anonymous Coward
Anonymous Coward

Re: Are they "growing"?

You meant LPS (loss per share). LPS is actually more than the previous several quarters. Both profit and operating margin are flat negative. Operating cashflow is flat negative.

I was expecting PSTG to get momentum in 2016, but it did not happen. Just look at QoQ trend, not YoY. I think what happened is they sell products at huge discounts, at the same time have to pay a competitive salary (more risk, more reward) and invest more in R&D as it turned out having just one product is not enough.

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