Seagate Q2 Beats Earnings, Revenue Estimates - Seagate Technology Hldgs (NASDAQ:STX)
Seagate reported a 10.52% EPS beat and strong demand from cloud providers, with HAMR drive rollout boosting margins and revenue visibility through 2028.
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8 Articles
Is SanDisk the Next in Line to Crush Wall Street’s Earnings Estimates?
Quick Read SanDisk (SNDK) rose 6% after Seagate beat earnings on AI storage demand. SanDisk gained 1,725% since the February spinoff from Western Digital. SanDisk reports earnings tomorrow with analyst consensus of $2.68B revenue and $3.31 EPS. AI-driven NAND demand pushed revenue up 22.6% last quarter with EPS beating consensus by 110%. It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a limited time, and …
Seagate Q2 Beats Earnings, Revenue Estimates - Seagate Technology Hldgs (NASDAQ:STX)
Seagate Technology Holdings Plc. (NASDAQ:STX) shares were mostly flat in Tuesday's extended trading after the company released its second-quarter earnings report. Here's a look at the key figures from the quarter. STX stock is moving. Watch the price action here. The Details: Seagate reported quarterly earnings of $3.11 per share, which beat the analyst consensus estimate of $2.81 by 10.52%, according to data from Benzinga Pro. Quarterly reven…
Seagate beats revenue forecast as datacenter disk demand surges
Seagate surpassed the high end of the prior quarter’s $2.8 billion revenue outlook with $2.83 billion for its second fiscal 2026 quarter – a 21.5 percent rise year-on-year based on strong datacenter disk drive demand. There was a $702 million GAAP profit, up 62 percent year-on-year and representing 24.8 percent of its revenues. It was the […]
Seagate: Agentic AI, video to fuel storage demand spike
Seagate: Agentic AI, video to fuel storage demand spike Larry Dignan Wed, 28 Jan 2026 - 03:49 Seagate: Agentic AI, video to fuel storage demand spike Larry Dignan Editor in Chief of Constellation Insights Constellation Research About Larry Dignan: Dignan was most recently Celonis Media’s Editor-in-Chief, where he sat at the intersection of media and marketing. He is the former Editor-in-Chief of ZDNet and has covered the technology industry and…
Seagate Technology has just announced very strong results for its second fiscal quarter 2026, driven by the demand for data centers and the rise in power of its HAMR Mozaic discs. The group evokes record gross margin, operating margin and earnings per share (non-GAAP), thanks to a strong industrial execution and the explosion of AI-related storage requirements. During the quarter, Seagate generated approximately 670 million euros of operating ca…
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