Neither goal is assured, but both seem possible following #Pure ’s first-quarter earnings report Wednesday. The vendor reported $183 million, up 31% from last year. It cut losses only slightly to $62 million compared to $64 million a year ago, but execs claim spending decreases in the second half of the year, along with revenue growth, should bring it past break-even for the first time. Pure forecast revenue of $214 million to $222 million this quarter and from $975 million to $1.025 billion for the year. That annual prediction includes a second-half surge in revenue and Pure will have to hit the midpoint of its annual revenue to achieve the $1 billion goal.
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