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2025-01-13
Free clinic offered in Jamestown in 1921Awarded industry-first design win from a top-four hyperscaler SANTA CLARA, Calif. , Dec. 3, 2024 /PRNewswire/ -- Today Pure Storage (NYSE: PSTG ), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced financial results for its third quarter fiscal year 2025 ended November 3, 2024. "Pure Storage has achieved another industry first in our journey of data storage innovation with a transformational design win for our DirectFlash technology in a top-four hyperscaler," said Pure Storage Chairman and CEO Charles Giancarlo . "This win is the vanguard for Pure Flash technology to become the standard for all hyperscaler online storage, providing unparalleled performance and scalability while also reducing operating costs and power consumption." Third Quarter Financial Highlights Revenue $831.1 million , an increase of 9% year-over-year Subscription services revenue $376.4 million , up 22% year-over-year Subscription annual recurring revenue (ARR) $1.6 billion , up 22% year-over-year Remaining performance obligations (RPO) $2.4 billion , up 16% year-over-year GAAP gross margin 70.1%; non-GAAP gross margin 71.9% GAAP operating income $59.7 million ; non-GAAP operating income $167.3 million GAAP operating margin 7.2%; non-GAAP operating margin 20.1% Q3 operating cash flow $97.0 million ; free cash flow $35.2 million Total cash, cash equivalents, and marketable securities $1.6 billion Returned approximately $182 million in the third quarter to stockholders through share repurchases of 3.6 million shares "Our third quarter results exceeded our expectations on revenue and operating income, demonstrating the sustaining strength of our business models," said Kevan Krysler , Pure Storage CFO. "We remain focused on driving both near-term results and long-term value creation through disciplined investments and innovation that position Pure as the leader in transforming the data storage landscape." Third Quarter Company Highlights Leading the Hyperscale Opportunity: With its industry-first design win with a top-four hyperscaler, Pure Storage is extending its DirectFlash ® technology into massive scale environments today dominated by hard disks. The unmatched capabilities of Pure's DirectFlash ® technology deliver new levels of innovation, performance, and scalability to an industry with demanding requirements, enabling hyperscalers to fully modernize their infrastructure, significantly improve operational efficiency, and dramatically free up scarce electrical power. Pure Storage also deepened its collaboration with Kioxia, a global leader of NAND Flash technology, to develop cutting-edge technology and manufacturing capacity to address the growing need for high-performance, scalable storage infrastructure for tomorrow's hyperscale environments. Advancing Enterprise AI: Pure Storage expanded its ability to serve the world's largest AI training environments with recent certification of FlashBlade//S500 with NVIDIA DGX SuperPOD, which optimizes performance, power, and space efficiency. Pure also entered into a strategic partnership with CoreWeave to better serve AI customers by making Pure Storage available as a standard option within the CoreWeave dedicated cloud environment. With its introduction of the new Pure Storage GenAI Pod, Pure Storage is providing a set of full-stack solutions which reduce the time, cost, and expertise required to deploy generative AI projects. Delivering Platform Innovation: With the Pure Storage platform, Pure is driving the biggest shift in enterprise storage since Flash. Pure Storage will be delivering v2.0 of Pure Fusion TM in its fourth quarter, which will enable customers to create their own enterprise data cloud, opening their data storage environment like the hyperscalers operate theirs. During the quarter Pure Storage unveiled solutions enabling seamless VMware migrations to Microsoft Azure, delivering enterprise-scale flexibility. And the new Pure Storage FlashArray TM with AWS Outposts brings together Amazon Web Services and Pure's enterprise-grade storage on AWS Outposts, giving customers the flexibility to run cloud services on an enterprise-grade storage platform within their own data centers. Industry Recognition and Accolades Leader for Fifth Consecutive Year in the 2024 Gartner ® Magic Quadrant TM for Primary Storage Platforms Leader for Fourth Consecutive Year in the 2024 Gartner ® Magic Quadrant TM for File and Object Storage Platforms Forbes Most Trusted Companies in America 2025 (Ranked #144) Fortune Best Places to Work in Technology 2024 (Ranked #14) Fourth Quarter and FY25 Guidance These statements are forward-looking and actual results may differ materially. Refer to the Forward Looking Statements section below for information on the factors that could cause our actual results to differ materially from these statements. Pure has not reconciled its guidance for non-GAAP operating income and non-GAAP operating margin to their most directly comparable GAAP measures because certain items that impact these measures are not within Pure's control and/or cannot be reasonably predicted. Accordingly, reconciliations of these non-GAAP financial measures guidance to the corresponding GAAP measures are not available without unreasonable effort. Conference Call Information Pure will host a teleconference to discuss the third quarter fiscal 2025 results at 2:00 pm PT today, December 3, 2024. A live audio broadcast of the conference call will be available on the Pure Storage Investor Relations website . Pure will also post its earnings presentation and prepared remarks to this website concurrent with this release. A replay will be available following the call on the Pure Storage Investor Relations website or for two weeks at 1-800-770-2030 (or 1-647-362-9199 for international callers) with passcode 5667482. Additionally, Pure is scheduled to participate at the following investor conferences: Wells Fargo 8th Annual TMT Summit Date: Wednesday, December 4, 2024 Time: 1:30 p.m. PT / 4:30 p.m. ET Chief Technology Officer Rob Lee 27th Annual Needham Growth Conference Date: Thursday, January 16, 2025 Time: 9:45 a.m. PT / 12:45 p.m. ET Founder & Chief Visionary Officer John "Co z" Colgrove Chief Financial Officer Kevan Krysler The presentations will be webcast live and archived on Pure's Investor Relations website at investor.purestorage.com . ---- About Pure Storage Pure Storage (NYSE: PSTG ) delivers the industry's most advanced data storage platform to store, manage, and protect the world's data at any scale. With Pure Storage, organizations have ultimate simplicity and flexibility, saving time, money, and energy. From AI to archive, Pure Storage delivers a cloud experience with one unified Storage as-a-Service platform across on premises, cloud, and hosted environments. Our platform is built on our Evergreen architecture that evolves with your business – always getting newer and better with zero planned downtime, guaranteed. Our customers are actively increasing their capacity and processing power while significantly reducing their carbon and energy footprint. It's easy to fall in love with Pure Storage, as evidenced by the highest Net Promoter Score in the industry. For more information, visit www.purestorage.com . Connect with Pure Blog LinkedIn Twitter Facebook Pure Storage, the Pure P Logo, Portworx, and the marks on the Pure Storage Trademark List are trademarks or registered trademarks of Pure Storage Inc. in the U.S. and/or other countries. The Trademark List can be found at purestorage.com/trademarks . Other names may be trademarks of their respective owners. Forward Looking Statements This press release contains forward-looking statements regarding our products, business and operations, including but not limited to our views relating to our opportunity with hyperscale and AI environments, our ability to meet hyperscalers' performance and price requirements, our ability to meet the needs of hyperscalers for the entire spectrum of their online storage use cases, the timing and magnitude of large orders, including sales to hyperscalers, the timing and amount of revenue from hyperscaler licensing and support services, future period financial and business results, demand for our products and subscription services, including Evergreen//One, the relative sales mix between our subscription and consumption offerings and traditional capital expenditure sales, our technology and product strategy, specifically customer priorities around sustainability, the environmental and energy saving benefits to our customers of using our products, our ability to perform during current macro conditions and expand market share, our sustainability goals and benefits, the impact of inflation, economic or supply chain disruptions, our expectations regarding our product and technology differentiation, new customer acquisition, and other statements regarding our products, business, operations and results. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, those risks and uncertainties included under the caption "Risk Factors" and elsewhere in our filings and reports with the U.S. Securities and Exchange Commission, which are available on our Investor Relations website at investor.purestorage.com and on the SEC website at www.sec.gov . Additional information is also set forth in our Annual Report on Form 10-K for the year ended February 4, 2024. All information provided in this release and in the attachments is as of December 3, 2024, and Pure undertakes no duty to update this information unless required by law. Key Performance Metric Subscription ARR is a key business metric that refers to total annualized contract value of all active subscription agreements on the last day of the quarter, plus on-demand revenue for the quarter multiplied by four. Non-GAAP Financial Measures To supplement our unaudited condensed consolidated financial statements, which are prepared and presented in accordance with GAAP, Pure uses the following non-GAAP financial measures: non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating income (loss), non-GAAP operating margin, non-GAAP net income (loss), non-GAAP net income (loss) per share, and free cash flow. We use these non-GAAP financial measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. Our management believes that these non-GAAP financial measures provide meaningful supplemental information regarding our performance and liquidity by excluding certain expenses such as stock-based compensation expense, payments to former shareholders of acquired companies, payroll tax expense related to stock-based activities, amortization of debt issuance costs related to debt, and amortization of intangible assets acquired from acquisitions that may not be indicative of our ongoing core business operating results. Pure believes that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when analyzing historical performance and liquidity and planning, forecasting, and analyzing future periods. The presentation of these non-GAAP financial measures is not meant to be considered in isolation or as a substitute for our financial results prepared in accordance with GAAP, and our non-GAAP measures may be different from non-GAAP measures used by other companies. For a reconciliation of these non-GAAP financial measures to GAAP measures, please see the tables captioned "Reconciliations of non-GAAP results of operations to the nearest comparable GAAP measures" and "Reconciliation from net cash provided by operating activities to free cash flow," included at the end of this release. Reconciliations of non-GAAP results of operations to the nearest comparable GAAP measures The following table presents non-GAAP gross margins by revenue source before certain items (in thousands except percentages, unaudited): The following table presents certain non-GAAP consolidated results before certain items (in thousands, except per share amounts and percentages, unaudited): Reconciliation from net cash provided by operating activities to free cash flow (in thousands except percentages, unaudited): SOURCE Pure Storage7xm app download latest version apk

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Patna (Bihar) [India], December 21 (ANI): Memorandum of understanding (MoU) of around Rs 1.81 lakh crore across 11 sectors were signed during the Bihar Business Connect 2024, state Chief Secretary Amrit Lal Meena said on Saturday and noted that state government is encouraging investment through various steps aimed at ease of doing business. In an interview with ANI, Meena said that investors have shown positive response and there has been a substantial increase in MoUs signed compared to last year. Also Read | Sam Konstas Reflects on Maiden Test Call-Up Ahead of IND vs AUS Boxing Day Test, Says 'Mum Was in Tears, I Was Trying Not To Cry' (Watch Video). "Under the leadership of the CM, Bihar Business Connect 2024 was organised on December 19 and 20. Investors from the country have shown a positive response. With more than 400 investors, MoUs worth Rs. 1,81,000 crore were signed, covering 11 sectors in which the renewable energy sector is the prime focus," he said. He stated that the renewable energy sector received maximum response and there are significant investment opportunities in sectors like food processing, textiles, information technology, logistics and plastics. Also Read | Barcelona vs Atletico Madrid, La Liga 2024-25 Free Live Streaming Online: How to Watch Spanish League Match Live Telecast on TV & Football Score Updates in IST?. Referring to the Business Connect in 2023, he said MoUs of about Rs 53,000 crore were signed and in about half of them, steps have been taken for implementation. He said MoUs signed this year will also facilitate people and its implementation will be visible in the coming days. Meena said the state has established a State Investment Promotion Board that goes through proposals every week. He also said the state has created a single-window clearance system for the facilitation of the investors and there is a project monitoring system. He said officials, who are involved in giving clearances, have been urged to encourage investment proposals so that the state gets more investment and more employment opportunities are created He said a lot of skilled people came back to the state during COVID-19 and the state government facilitated them. Many people were from the textile sector in different parts of the country and were provided working facilities and they established new textile units. He said that inspired by this, the state government created 24 lakh square feet of "play and plug" infrastructure in 2022-23 and 17 lakh square feet was allocated to 135 units. Meena said the "plug and play" infrastructure is greatly helping IT, textile sector and food processing sectors as at a rate of Rs per 4 to 6 per square foot per month lease rate - infrastructure facilities have been made available for very low charges. The small and medium-scale investors have got this readymade space available which has water, electricity and connectivity and all these are located in industrial areas, he noted. Big investments have taken place in IT, the textile sector, food processing and the state government is working towards land availability and facilities under plug and play initiative. He said the investment projects are seen not only as that of the Industry Department but of "Bihar as a unit" and all departments concerning investment opportunities hold joint meetings. Meena said industrialists and investors have been informed of sector-specific and umbrella policies and suggestions received have also been incorporated into the policies. He said the state government is open to suggestions from investors to get more investment. Meena said the state has witnessed a lot of change in the last 15-20 years. "In Bihar, the Ganga River had just four bridges before 2005, now the number has reached 14. The connectivity challenge that was there earlier has now been resolved and it is benefitting every sector," he stated. The Bihar Business Connect 2024 connected industry leaders, government officials, and experts to foster partnerships and collaborations. During the two-day summit, the leaders engaged in meaningful discussions and knowledge-sharing sessions with industry leaders to explore investment opportunities in Bihar. (ANI) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)Paul Bissonnette’s Restaurant Fight: His Video Explaining the Scottsdale Attack

Cholesteatoma Market to Exhibit a Remarkable CAGR of 3.11% by 2029, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook 12-20-2024 10:03 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Data Bridge Market Research Data Bridge Market Research analyses that the cholesteatoma market was valued at USD 195.23 million in 2021 and is expected to reach USD 249.43 million by 2029, registering a CAGR of 3.11% during the forecast period of 2022 to 2029. A cholesteatoma is a noncancerous skin growth that can form beneath the eardrum in the central portion of the ear. It could be a birth abnormality, but it's more likely to be the result of recurring middle ear infections. A cholesteatoma can only be treated surgically. To avoid difficulties that may arise if the cyst grows larger, it must be removed. Once a cholesteatoma has been identified, antibiotics, ear drops, and meticulous ear cleaning will almost certainly be given to treat the infected cyst, reduce inflammation, and drain the ear. Browse More About This Research Report @ https://www.databridgemarketresearch.com/reports/global-cholesteatoma-market Some of the major players operating in the cholesteatoma market report are Eli Lilly and Company (U.S.), AstraZeneca (U.K.), Novartis AG (Switzerland), Johnson & Johnson Private Limited (U.S.), Teva Pharmaceutical Industries Ltd. (Ireland), Merck & Co., Inc. (U.S.), Allergan (Ireland), Bausch Health Companies Inc. (Canada), Abbott (U.S.), F. Hoffmann-La Roche Ltd. (Switzerland), Pfizer Inc. (U.S.), GlaxoSmithKline plc (U.K.), Sanofi (France), Merck KGaA (Germany), Dr. Reddy's Laboratories Ltd. (India), Zydus Cadila (India), Sun Pharmaceutical Industries Ltd. (India), Aurobindo Pharma (India), Lupin (India), Hikma Pharmaceuticals PLC (U.K.) among others. Competitive Landscape and Cholesteatoma Market Share Analysis : The cholesteatoma market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to cholesteatoma market. Browse Trending Reports: https://dbmr064rs.blogspot.com/2024/12/information-technology-it-software-and.html https://dbmr064rs.blogspot.com/2024/12/respiratory-protective-equipment-rpe.html https://dbmr064rs.blogspot.com/2024/12/nexletol-market-opportunities-and.html https://dbmr064rs.blogspot.com/2024/12/potato-chips-market-overview-key.html About Data Bridge Market Research: An absolute way to predict what the future holds is to understand the current trend! Data Bridge Market Research presented itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are committed to uncovering the best market opportunities and nurturing effective information for your business to thrive in the marketplace. Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process. Data Bridge is a set of pure wisdom and experience that was formulated and framed in 2015 in Pune. Contact Us: - Data Bridge Market Research US: +1 614 591 3140 UK: +44 845 154 9652 APAC: +653 1251 1177 Email: - sopan.gedam@databridgemarketresearch.com This release was published on openPR.

Among elites across the ideological spectrum, there's one point of unifying agreement: Americans are bitterly divided. What if that's wrong? What if elites are the ones who are bitterly divided while most Americans are fairly unified? History rarely lines up perfectly with the calendar (the "sixties" didn't really start until the decade was almost over). But politically, the 21st century neatly began in 2000, when the election ended in a tie and the color coding of electoral maps became enshrined as a kind of permanent tribal color war of "red vs. blue." Elite understanding of politics has been stuck in this framework ever since. Politicians and voters have leaned into this alleged political reality, making it seem all the more real in the process. I loathe the phrase "perception is reality," but in politics it has the reifying power of self-fulfilling prophecy. Like rival noble families in medieval Europe, elites have been vying for power and dominance on the arrogant assumption that their subjects share their concern for who rules rather than what the rulers can deliver. In 2018, the group More in Common published a massive report on the "hidden tribes" of American politics. The wealthiest and whitest groups were "devoted conservatives" (6%) and "progressive activists" (8%). These tribes dominate the media, the parties and higher education, and they dictate the competing narratives of red vs. blue, particularly on cable news and social media. Meanwhile, the overwhelming majority of Americans resided in, or were adjacent to, the "exhausted majority." These people, however, "have no narrative," as David Brooks wrote at the time. "They have no coherent philosophic worldview to organize their thinking and compel action." Lacking a narrative might seem like a very postmodern problem, but in a postmodern elite culture, postmodern problems are real problems. It's worth noting that red vs. blue America didn't emerge ex nihilo. The 1990s were a time when the economy and government seemed to be working, at home and abroad. As a result, elites leaned into the narcissism of small differences to gain political and cultural advantage. They remain obsessed with competing, often apocalyptic, narratives. That leaves out most Americans. The gladiatorial combatants of cable news, editorial pages and academia, and their superfan spectators, can afford these fights. Members of the exhausted majority are more interested in mere competence. I think that's the hidden unity elites are missing. This is why we keep throwing incumbent parties out of power: They get elected promising competence but get derailed -- or seduced -- by fan service to, or trolling of, the elites who dominate the national conversation. There's a difference between competence and expertise. One of the most profound political changes in recent years has been the separation of notions of credentialed expertise from real-world competence. This isn't a new theme in American life, but the pandemic and the lurch toward identity politics amplified distrust of experts in unprecedented ways. This is a particular problem for the left because it is far more invested in credentialism than the right. Indeed, some progressives are suddenly realizing they invested too much in the authority of experts and too little in the ability of experts to provide what people want from government, such as affordable housing, decent education and low crime. The New York Times' Ezra Klein says he's tired of defending the authority of government institutions. Rather, "I want them to work." One of the reasons progressives find Trump so offensive is his absolute inability to speak the language of expertise -- which is full of coded elite shibboleths. But Trump veritably shouts the language of competence. I don't mean he is actually competent at governing. But he is effectively blunt about calling leaders, experts and elites -- of both parties -- stupid, ineffective, weak and incompetent. He lost in 2020 because voters didn't believe he was actually good at governing. He won in 2024 because the exhausted majority concluded the Biden administration was bad at it. Nostalgia for the low-inflation pre-pandemic economy was enough to convince voters that Trumpian drama is the tolerable price to pay for a good economy. About 3 out of 4 Americans who experienced "severe hardship" because of inflation voted for Trump. The genius of Trump's most effective ad -- "Kamala is for they/them, President Trump is for you" -- was that it was simultaneously culture-war red meat and an argument that Harris was more concerned about boutique elite concerns than everyday ones. If Trump can actually deliver competent government, he could make the Republican Party the majority party for a generation. For myriad reasons, that's an if so big it's visible from space. But the opportunity is there -- and has been there all along.Telangana not to allow benefit shows of movies, actors’ theatres visitsJonah Goldberg: What if most Americans aren't bitterly divided?

The United States has imposed sanctions on several Pakistani entities, including the state-owned National Development Complex (NDC), over their alleged involvement in the development of long-range ballistic missiles. Announced earlier this week by the State Department, the sanctions target the NDC, which it claims is instrumental in the development of the Shaheen series of ballistic missiles. The measures include asset freezes and bans on transactions with US entities. US President Joe Biden’s Deputy National Security Advisor Jon Finer, speaking at an event on Thursday, underscored concerns over Pakistan’s advancing missile technology. He stated that the developments in long-range ballistic systems could potentially pose a threat to the United States. Finer added that Islamabad’s growing capabilities raise “serious questions” about its intentions, particularly regarding the acquisition of advanced rocket-motor testing equipment. US State Department spokesman Matthew Miller said Wednesday on X that the United States had “been clear and consistent about our concerns” regarding weapons proliferation. He added that Washington would “continue to engage constructively with Pakistan on these issues.” In addition to the NDC, three Karachi-based entities – Akhtar and Sons Private Limited, Affiliates International, and Rockside Enterprise – have also been sanctioned for their alleged roles in supporting Pakistan’s ballistic missile program. These sanctions follow similar measures imposed earlier this year on other foreign entities, including a Chinese research institute. The US State Department had accused them of working for the NDC in developing Pakistan’s long-range ballistic missile capabilities. Pakistan maintains that its missile development is defensive and necessary for maintaining regional stability. The country’s Ministry of Foreign Affairs condemned the punitive measures as groundless, warning that they “have dangerous implications for strategic stability of our region and beyond.” It further accused the United States of “double standards” for waiving licensing requirements for advanced military technology to other countries. The sanctions were also opposed by the party of Pakistan’s imprisoned former Prime Minister Imran Khan. Zulfiqar Bukhari, a spokesperson for Khan, criticized the Biden administration on X, stating, “We strongly oppose US sanctions on the National Development Complex and three commercial entities.”

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