Seagate Technology (STX) Tops Q3 EPS by 12c, Offers Q4 Guidance

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Go back to Seagate Technology (STX) Tops Q3 EPS by 12c, Offers Q4 Guidance

Seagate Technology Reports Fiscal Third Quarter 2019 Financial Results

April 30, 2019 8:01 AM EDT

Revenue of $2.31 billion GAAP diluted earnings per share (EPS) of $0.69; non-GAAP diluted EPS of $0.83 Cash flow from operations of $438 million and free cash flow of $291 million Returned $505 million to shareholders; declared cash dividend of $0.63 per share

CUPERTINO, Calif.--(BUSINESS WIRE)-- Seagate Technology plc (NASDAQ: STX) (the Company or Seagate) today reported financial results for its fiscal third quarter ending March 29, 2019.

Seagate executed very well in the third quarter while navigating near-term demand head-winds. Our focus on operational efficiency... More