Seagate Technology (STX) Price Target Lowered to $60 at FBN

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Seagate Technology (STX) Tops Q2 EPS by 1c

January 26, 2015 8:01 AM EST

Seagate Technology (NASDAQ: STX) reported Q2 EPS of $1.35, $0.01 better than the analyst estimate of $1.34. Revenue for the quarter came in at $3 billion versus the consensus estimate of $3.73 billion.

During the second quarter, the Company generated approximately $1.4 billion in operating cash flow, paid cash dividends of $177... More