Seagate Technology (STX) PT Raised to $52 at Baird; 'EB Comps Likely Peaking'
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Model N Launches Digital Reinvention Lab
May 1, 2018 9:00 AM EDTRainmakerDX to accelerate rapid prototyping and next-generation technology ideas
SAN MATEO, Calif.--(BUSINESS WIRE)-- Model N, Inc. (NYSE: MODN), the leading provider of revenue management cloud solutions for the pharmaceutical, medical device, high tech, manufacturing and semiconductor industries today announces RainmakerDX. This new initiative provides the forum and incubation for breakthrough innovations that are part of digital reinvention strategies.
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Seagate Technology Reports Fiscal Third Quarter 2018 Financial Results
May 1, 2018 8:01 AM EDTRevenue up 5% year-over-year Exabyte shipment up 34% year-over-year
CUPERTINO, Calif.--(BUSINESS WIRE)-- Seagate Technology plc (NASDAQ: STX) (the Company or Seagate) today reported financial results for the quarter ended March 30, 2018. For the third quarter, the Company reported revenue of $2.8 billion, gross margin of 30.2%, net income of $381 million and diluted earnings per share of $1.31. On a non-GAAP basis, which excludes the net impact of certain items, Seagate reported gross margin of 30.8%, net income of $424 million and diluted earnings per share of $1.46.
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