Seagate Technology (STX) Declares $0.54 Quarterly Dividend; 3.9% Yield

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Go back to Seagate Technology (STX) Declares $0.54 Quarterly Dividend; 3.9% Yield

Seagate's (STX) Outlook Should be Viewed as Positive Given Expectations of Flat Sequential Segment Growth - Stifel (WDC)

April 17, 2015 11:31 AM EDT

Stifel affirms Seagate Technology (Nasdaq: STX) with a Hold rating following the tech giant's Q3 report and Q4 outlook issued earlier Friday.

Analyst Aaron C. Rakers noted that Seagate's Q4 outlook calling for revenue of $3.2 to $3.2 billion (versus the firm's $3.3 bilion) and gross margin of 28.5 percent should be viewed as a positive. This is... More

Seagate Technology (STX) Tops Q3 EPS by 2c

April 17, 2015 8:00 AM EDT

Seagate Technology (NASDAQ: STX) reported Q3 EPS of $1.08, $0.02 better than the analyst estimate of $1.06. Revenue for the quarter came in at $3.3 billion versus the consensus estimate of $3.43 billion.

In light of dynamic market conditions this quarter we are quite satisfied with our... More