Pure Storage Inc. ( PSTG ) reported its second-quarter financial results after Wednesday's closing bell. Here's a look at the key figures from the report.  

The Details: Pure Storage ( PSTG ) reported quarterly earnings of 44 cents per share, which beat the analyst consensus estimate of 37 cents by 18.92%. Quarterly revenue came in at $763.77 million, which beat the consensus estimate by 1.15% and represents a 10.91% increase from the same period last year.

Subscription services revenue was $361.2 million, up 25% year-over-year.

Subscription annual recurring revenue (ARR) was $1.5 billion, up 24% year-over-year.

Remaining performance obligations (RPO) were $2.3 billion, up 24% year-over-year.

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“We delivered strong financial results through the first half of our fiscal year, highlighting the effectiveness of our strategic initiatives,” said Kevan Krysler, CFO of Pure Storage ( PSTG ). “Our highly differentiated data storage platform strategy is demonstrating success with our customers.”

Outlook: Pure Storage ( PSTG ) sees third-quarter revenue of $815 million, versus the $762 million estimate, and fiscal year revenue of $3.1 billion, versus the $3.13 billion estimate.

What Else: It is worth noting that NVIDIA Corp ( NVDA ) shares are down at least 4% after the company reported its second-quarter results after the closing bell.

PSTG Price Action: According to Benzinga Pro, Pure Storage ( PSTG ) shares are down 14.01% after-hours at $51.39 at the time of publication Wednesday.

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Image: Courtesy of Pure Storage, Inc. ( PSTG )