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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.

Summary by Benzinga
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…

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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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Benzinga broke the news in New York, United States on Tuesday, January 27, 2026.
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