Seagate Technology Reports Fiscal Third Quarter 2023 Financial Results

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Go back to Seagate Technology Reports Fiscal Third Quarter 2023 Financial Results

Seagate Technology (STX) Misses Q3 EPS by 52c, Guidance Misses

April 20, 2023 8:07 AM EDT

Seagate Technology (NASDAQ: STX) reported Q3 EPS of ($0.28), $0.52 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $1.86 billion versus the consensus estimate of $1.99 billion.

GUIDANCE:

Seagate Technology sees Q4 2023 EPS of ($0.40)-$0.00, versus the consensus of $0.53.... More