Pure Storage Inc (NYSE:PSTG)

$ 61.43 -1.05 (-1.68%) Market Cap: 20.04 Bil Enterprise Value: 19.03 Bil PE Ratio: 161.66 PB Ratio: 14.25 GF Score: 67/100

Pure Storage Inc at Stifel Cross Sector Insight Conference Transcript

Jun 11, 2019 / 07:35PM GMT

Release Date Price: $15.68 (+0.45%)

Transcript 10-Q

Unidentified Analyst

(technical difficulty)

storage one of the, if not, the fastest-growing storage companies. Representing the company is Rob Lee, the VP and Chief Architect. Welcome, Rob.

Robert Lee

Pure Storage, Inc. - VP & Chief Architect

Thank you. Thanks for having us.

Unidentified Analyst

So this is a Q&A session, but we've asked Rob to maybe just give a quick overview and then we can get started.

Robert Lee

Pure Storage, Inc. - VP & Chief Architect

Sure. Yes, absolutely. So as you mentioned, one of the fastest-growing companies, not just in storage but in enterprise technology. We started in 2009, really saw the transition that the market was undergoing from hard disk, hard drive-based technologies, magnetic spinning media to semiconductor-based flash technologies as a disruptive entry point for us to enter into what at that point had been a fairly stagnant storage market. So we really founded the company on 3 goals, right? First, we wanted to bring the

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