Seagate forecasts first-quarter revenue and profit below estimates, shares slump

Seagate Technology Beats Q4 Estimates On Continued Demand Strength From Cloud Customers - Seagate Tech Hldgs (NASDAQ:STX)

Seagate Technology Holdings (NASDAQ:STX) reported fourth-quarter financial results for fiscal 2025 after the market close on Tuesday. Here’s a rundown of the report. Q4 Revenue: $2.44 billion, versus estimates of $2.42 billion Q4 Adjusted EPS: $2.59, versus estimates of $2.43 STX shares are currently under heavy selling pressure. See the chart here. Seagate said it generated $508 million in cash flow from operations and $425 million in free ca…

Seagate forecasts first-quarter revenue and profit below estimates, shares slump

Seagate Technology forecast first-quarter revenue slightly below Wall Street expectations on Tuesday, hurt by weak demand for its storage devices amid ongoing uncertainty in the personal computer market, sending its shares down 8 per cent in extended trading. Despite optimism surrounding on-device AI features

channelnews : Seagate Posts Strong Q4 Revenue Amid Cloud Demand Surge

Seagate Technology has wrapped up its fiscal 2025 on a high note, reporting a robust fourth quarter with revenue rising 30% year-on-year to US$2.44 billion (A$3.63 billion) – topping analyst expectations. The data storage giant also delivered a non-GAAP diluted earnings per share (EPS) of US$2.59 (A$3.86), beating consensus by $0.15. However, GAAP net income...

Seagate Technology Reports Fiscal Fourth Quarter and Fiscal Year 2025 Financial Results

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 fourth quarter and fiscal year ended June 27, 2025. "Seagate's strong FQ4 performance underscores our commitment to profitable growth, marked by a 30% year-over-year revenue increase, record gross margin, and non-GAAP EPS expanding to the top of our guidance range. These a…

Seagate Technology Beats Q4 Estimates On Continued Demand Strength From Cloud Customers

Seagate Technology Holdings (NASDAQ:STX) reported fourth-quarter financial results for fiscal 2025 after the market close on Tuesday. Here’s a rundown of the report. Q4 Revenue: $2.44 billion, versus estimates of $2.42 billion Q4 Adjusted EPS: $2.59, versus estimates of $2.43 STX shares are…

Seagate forecasts first-quarter revenue and profit below estimates, shares slump - Regional Media News

(Reuters) -Seagate Technology forecast first-quarter revenue slightly below Wall Street expectations on Tuesday, hurt by weak demand for its storage devices amid ongoing uncertainty in the personal computer market, sending its shares down 8% in extended trading. Despite optimism surrounding on-device AI features and an anticipated Windows 11 refresh cycle, end-market demand for PCs remains uncertain as consumers navigate a shifting macroeconomic…