Seagate Technology (STX) Tops Q2 EPS by 11c

Seagate Technology (NASDAQ: STX) reported Q2 EPS of $0.82, $0.11 better than the analyst estimate of $0.71. Revenue for the quarter came in at $2.99 billion versus the consensus estimate of $2.94 billion.

During the second quarter, the Company generated approximately $382 million in operating cash flow, paid cash dividends of $188 million and repurchased approximately 2.9 million ordinary shares for $107 million. There were 296 million ordinary shares issued and outstanding as of the end of the quarter.

Cash, cash equivalents and short-term investments totaled approximately $1.3 billion at the end of the quarter.

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

You May Also Be Interested In

• Worthington Steel, Inc. (WS) Misses Q4 EPS by 3c
• Micron Technology (MU) Tops Q3 EPS by $4.62, Guidance Beats
• Currenc Group suspends Indonesian WalletKu unit operations