Seagate forecasts third-quarter revenue above estimates
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Seagate Technology (STX) Issues Positive Q3, FY17 Outlook
January 24, 2017 5:45 PM ESTOn its call, Seagate Technology (NASDAQ: STX) said it sees Q3 revenues of about $2.7 billion, versus the consensus of $2.61 billion.
Sees FY17 EPS of at least $4.50, versus the consensus of $3.77. Expects to see revenue growth in 2017.
Remains confident in higher end of long-term 27-32% margin range.
