Seagate Technology (STX) Declares $0.63 Quarterly Dividend; 9.4% Yield

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Go back to Seagate Technology (STX) Declares $0.63 Quarterly Dividend; 9.4% Yield

Brean Capital Reiterates Buy on Seagate Technology (STX) Following 2Q Beat

February 1, 2016 11:13 AM EST

Brean Capital reiterated a Buy rating and $65.00 price target on Seagate Technology (NASDAQ: STX) following the company's 2Q earnings report. STX reported revenue and EPS of $2.99B and $0.82 vs. Street's $2.94B and $0.71, and GM expanded sequentially to 25.6%. Revenue of $3.0B was... More

Seagate Technology (STX) Tops Q2 EPS by 11c

January 29, 2016 8:00 AM EST

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... More