Seagate Technology (STX) Tops Q3 EPS by 16c, Offers Q4 Guidance

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Seagate Technology Reports Fiscal Third Quarter 2021 Financial Results

April 22, 2021 4:05 PM EDT

Revenue of $2.73 billion
GAAP operating margin of 14.1%; non-GAAP operating margin of 15.4%
GAAP diluted earnings per share (EPS) of $1.39; non-GAAP diluted EPS of $1.48
Generated $378 million in cash flow from operations and $274 million in free cash flow
Returned $912 million to shareholders through dividends and the repurchase of 11.3 million ordinary shares
Declared cash dividend of $0.67 per share

FREMONT, Calif.--(BUSINESS WIRE)-- Seagate Technology plc (NASDAQ: STX) (the Company or Seagate), a world leader in data storage infrastructure solutions, today reported financial results for its fiscal third quarter ended April 2,... More