Seagate Technology (STX) Tops Q4 EPS by 17c

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Go back to Seagate Technology (STX) Tops Q4 EPS by 17c

Seagate Technology Reports Fiscal Fourth Quarter and Fiscal Year 2018 Financial Results

July 30, 2018 8:01 AM EDT

Fiscal year 2018:

Revenues up 4% year-over-year Diluted Earnings per Share up 57% year-over-year Cash Flow from Operations up 10% year-over-year Exabyte shipments up 29% year-over-year

CUPERTINO, Calif.--(BUSINESS WIRE)-- Seagate Technology plc (NASDAQ: STX) (the Company or Seagate) today reported financial results for the quarter and fiscal year ended June 29, 2018. For the fourth quarter, the Company reported revenue of $2.8 billion, gross margin of 31.9%, net income of $461 million and diluted earnings per share of... More