Seagate Technology (STX) Tops Q1 EPS by 14c, Offers Q2 Guidance

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Go back to Seagate Technology (STX) Tops Q1 EPS by 14c, Offers Q2 Guidance

Seagate Technology Reports Fiscal First Quarter 2022 Financial Results

October 22, 2021 8:05 AM EDT

Revenue of $3.12 billion GAAP operating margin of 18.8%; non-GAAP operating margin of 20.1% GAAP diluted earnings per share (EPS) of $2.28; non-GAAP diluted EPS of $2.35 Raised the quarterly cash dividend for third consecutive year to $0.70 per share Cash flow from operations of $496 million and free cash flow of $379 million

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

Seagate had an exceptional start to the fiscal year with solid revenue... More