Seagate Technology (STX) Tops Q1 EPS by 13c, Offers Guidance

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Seagate Technology Reports Fiscal First Quarter 2025 Financial Results

October 22, 2024 4:05 PM EDT

Fiscal Q1 2025 Highlights

Revenue increased to $2.17 billion GAAP diluted earnings per share (EPS) of $1.41; non-GAAP diluted EPS of $1.58 Cash flow from operations of $95 million and free cash flow of $27 million Increased quarterly cash dividend by approximately 3% to $0.72 per share

FREMONT, Calif.--(BUSINESS WIRE)-- Seagate Technology Holdings plc (NASDAQ: STX) (the Company or Seagate), a leading innovator of mass-capacity data storage, today reported financial results for its fiscal first quarter ended September 27, 2024.

"Seagate is off to an outstanding start to... More