Seagate Technology (STX) Tops Q2 EPS by 16c, Revenues Beat; Offers 3Q EPS/Revenue Guidance

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Go back to Seagate Technology (STX) Tops Q2 EPS by 16c, Revenues Beat; Offers 3Q EPS/Revenue Guidance

Seagate Technology Reports Fiscal Second Quarter 2021 Financial Results

January 21, 2021 4:05 PM EST

Revenue of $2.62 billion
GAAP operating margin of 13.3%; non-GAAP operating margin of 14.7%
GAAP diluted earnings per share (EPS) of $1.12; non-GAAP diluted EPS of $1.29
Cash flow from operations of $473 million and free cash flow of $314 million
Returned $1.2 billion to shareholders through dividends and the repurchase of 18 million ordinary shares
Declared cash dividend of $0.67 per share

FREMONT, Calif.--(BUSINESS WIRE)-- Seagate Technology plc (NASDAQ: STX) (the Company or Seagate) today reported financial results for its fiscal second quarter ended January 1, 2021.

"Seagate delivered strong, double-digit... More