Pure Storage, Inc. (NYSE:PSTG) Q4 2023 Earnings Conference Call March 1, 2023 5:00 PM ET

Company Participants

Paul Ziots – Vice President-Investor Relations

Charlie Giancarlo – Chief Executive Officer

Kevan Krysler – Chief Financial Officer

Rob Lee – Chief Technology Officer

Conference Call Participants

Amit Daryanani – Evercore ISI

Aaron Rakers – Wells Fargo

Meta Marshall – Morgan Stanley

Sidney Ho – Deutsche Bank

Wamsi Mohan – Bank of America

Pinjalim Bora – JPMorgan

Nehal Chokshi – Northland Capital Markets

Simon Leopold – Raymond James

Matt Sheerin – Stifel

George Wang – Barclays

Eric Martinuzzi – Lake Street

David Vogt – UBS

Ashley Ellis – Credit Suisse

Operator

Good day, and welcome to the Pure Storage Fourth Quarter Fiscal Year 2023 Earnings Conference Call. Today's conference is being recorded. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. [Operator Instructions]

At this time, I'd like to turn the call over to Paul Ziots, Vice President of Investor Relations. Please go ahead.

Paul Ziots

Thank you. Good afternoon, everyone, and welcome to Pure's fourth quarter fiscal 2023 earnings conference call. On the call, we have Charlie Giancarlo, Chief Executive Officer; Kevan Krysler, Chief Financial Officer; and Rob Lee, Chief Technology Officer. Following Charlie's and Kevin's prepared remarks, we will take questions. Our press release was issued after close of market and is posted on our website where this call is being simultaneously webcast. The slides that accompany this webcast can be downloaded at investor.purestorage.com. On this call today, we will make forward-looking statements, which are subject to various risks and uncertainties. These include statements regarding our financial outlook and operations, our strategy, technology and its advantages, our current and new product offerings and competitive industry and economic trends.

Any forward-looking statements that we make are based on facts and assumptions as of today, and we undertake no obligation to update them. Our actual results may differ materially from the results forecasted, and reported results should not be considered as an indication of future performance. A discussion of some of the risks and uncertainties relating to our business is contained in our filings with the SEC, and we refer you to these public filings. During this call, all financial metrics and associated growth rates are non-GAAP measures other than revenues, remaining performance obligations, or RPO, and cash and investments. Reconciliations to the most directly comparable GAAP measures are provided in our earnings release and slides. This call is being broadcast live on the Pure Storage Investor Relations website and is being recorded for playback purposes. An archive of the webcast will be available on the IR website and is the property of Pure Storage. Our first quarter fiscal 2024 quiet period begins at the close of business, Friday, April 21, 2023.