Everpure's Expanding Business Model Fuels New Long-Term Outlook
Article excerpt
Company outlines path for durable, accelerated growth through four strategic growth vectors SANTA CLARA, Calif., Sept. 23, 2026 /PRNewswire/ -- Today at its 2026 Financial Analyst Meeting, Everpure (NYSE: P ), the company revolutionizing storage and data management, provided details on its business expansion providing durable, accelerated growth. The company also reaffirmed its fiscal year 2027 outlook and provided a preliminary outlook for fiscal year 2028. "Everpure is at an inflection point as we expand our horizons to managing data in the enterprise and solutions for hyperscalers," said Charlie Giancarlo, Chairman and Chief Executive Officer at Everpure. "A decade of committed investment in an integrated, extensible architecture has created a structurally higher growth baseline in our core business. This same core IP has unlocked three distinct, incremental markets - allowing us to expand our opportunity, drive significant operating leverage, and provide enhanced visibility into our long-term financial trajectory." Sustained R&D Innovation Over the past five years, Everpure has consistently dedicated on average 19% of annual revenue to R&D 1. Everpure's focused R&D investments on a single, unified platform is a superior use of invested capital versus fragmenting resources across multiple legacy architectures. This disciplined strategy has fueled both the durability of...
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The company re-affirmed its fiscal year 2027 revenue and operating income guidance provided on its second quarter fiscal year 2027 earnings call, and provided a preliminary outlook for fiscal year 2028.
