Net revenues reached $1.64 billion during the third quarter, demonstrating strong fiscal performance. The annualized net revenue run rate for all-flash arrays stands at $3.8 billion, which marks a 10% increase compared to the previous year. Revenue from first-party and marketplace cloud storage services also saw impressive growth, exceeding 40% year-over-year. The company continues to provide advanced intelligent storage solutions.
Financial Highlights
The significant growth in both all-flash arrays and cloud services underscores the demand for scalable and efficient storage solutions in the market. The increase in revenues highlights the company’s strategic positioning and commitment to innovation in the storage technology sector.
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