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Seagate (STX) came out with quarterly earnings of $2.03 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $0.12 per share a year ago.
Seagate Technology on Tuesday forecast third-quarter revenue below analysts' estimates, expecting sluggish sales for its storage devices used in personal computers as the PC market struggles to bounce back.
FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX) (the “Company” or “Seagate”), a leading innovator of mass-capacity data storage, today reported financial results for its fiscal second quarter ended December 27, 2024. "Seagate ended calendar 2024 on a strong note as we grew revenue, gross margin and non-GAAP EPS successively in each quarter of the year. Our results demonstrate structural improvements in the business and our focus on value capture in an improving d.
Below we previewed what Wall Street expects next quarter, but what does it expect looking ahead?
Jessica Inskip returns to today's Big 3 to break down her bullishness behind Amazon (AMZN), Citigroup (C) and Seagate Technology (STX). Rick Ducat dives into the technical trends behind each.
Seagate introduces hard drives with up to 36TB capacity, using the innovative Mozaic 3+ platform and advanced HAMR technology.
FREMONT, Calif.--(BUSINESS WIRE)--Seagate announces shipments of Exos M hard drive samples to select customers in industry-leading capacities up to 36TB.
STX's fiscal second-quarter performance is likely to have gained from incremental improvements in mass capacity demand, driven by nearline cloud products.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Seagate (STX), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
FREMONT, Calif.--(BUSINESS WIRE)--Business leaders expect that adoption of AI applications will generate unprecedented volumes of data, driving a boom in cloud-based storage demands.