Seagate's (STX) Q2 Earnings Beat Estimates, Revenues Miss
Seagate(STX) Zacks Investment Research·2024-01-25 22:21
Seagate Technology Holdings plc (STX) reported second-quarter fiscal 2024 non-GAAP earnings of 12 cents per share. The Zacks Consensus Estimate was pegged at a loss of 7 cents per share. The company reported non-GAAP earnings of 16 cents in the year-ago quarter.Management anticipated second-quarter fiscal 2024 non-GAAP loss to be 10 cents (+/- 20 cents).Non-GAAP revenues of $1.555 billion missed the Zacks Consensus Estimate by 0.3%. The figure declined 18% on a year-over-year basis. However, revenues improv ...