Seagate Technology (STX) Sharply Lower as June Revenue Guidance is Short of Views, FY EPS In-Line

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Lack of In-House NAND at Seagate (STX) Hurting - Mizuho

April 26, 2017 12:37 PM EDT

Mizuho Securities analyst Vijay Rakesh weighed in on Seagate Technology (NASDAQ: STX) following results, which included a modest miss of the top line. Rakesh asks if NAND is making inrounds.

The company noted it was 1) not serving the... More

Seagate Technology (STX) Tops Q3 EPS by 3c

April 26, 2017 8:03 AM EDT

Seagate Technology (NASDAQ: STX) reported Q3 EPS of $1.10, $0.03 better than the analyst estimate of $1.07. Revenue for the quarter came in at $2.7 billion versus the consensus estimate of $2.71 billion.

The results of our financial performance this quarter reflect a stable demand environment, good operational... More