Seagate Technology (STX) Declares $0.63 Quarterly Dividend; 7.1% Yield
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Baird Remains Sidelined on Seagate Technology (STX) Following 1Q EPS Beat
October 20, 2016 7:58 AM EDTBaird maintained a Neutral rating and $37.00 price target on Seagate Technology (NASDAQ: STX) following the company's 1Q earnings report. Non-GAAP EPS was $0.99, above the guidance of $0.91 and above consensus of $0.89. Revenue was $2.797 billion, as preannounced by Seagate. For 2Q17, management expects sequentially flat revenue.... More
Seagate Technology (STX) Tops Q1 EPS by 20c
October 19, 2016 8:02 AM EDTSeagate Technology (NASDAQ: STX) reported Q1 EPS of $0.99, $0.20 better than the analyst estimate of $0.79. Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $2.79 billion.
In response to strong cloud storage customer demand, Seagate delivered record levels of exabyte shipments,... More
