Form 8-K Seagate Technology Holdi For: Jul 21

Go back to Form 8-K Seagate Technology Holdi For: Jul 21

Seagate Technology (STX) Sinks on Q4 Miss, Lower Guidance

July 21, 2022 4:46 PM EDT

Seagate Technology (NASDAQ: STX) shares plunged over 10% after-hours Thursday after posting a fourth-quarter earnings miss and lowering its outlook for the current quarter.

The storage solutions provider reported Q4 EPS of $1.59 coming in worse than the consensus estimate of $1.90. Revenue was $2.63 billion, missing the... More