Seagate Technology (STX) Misses Q4 EPS by 31c; Lowers Outlook

Seagate Technology (NASDAQ: STX) reported Q4 EPS of $1.59, $0.31 worse than the analyst estimate of $1.90. Revenue for the quarter came in at $2.63 billion versus the consensus estimate of $2.8 billion.

GUIDANCE:

Seagate Technology sees Q1 2023 EPS of $1.20-$1.60, versus the consensus of $2.27. Seagate Technology sees Q1 2023 revenue of $2.35-2.65 billion, versus the consensus of $3.03 billion.

For earnings history and earnings-related data on Seagate Technology (STX) click here.

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