Seagate (STX) Jumps Higher on Positive Q2 Numbers; Western Digital (WDC) Sees Action

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Go back to Seagate (STX) Jumps Higher on Positive Q2 Numbers; Western Digital (WDC) Sees Action

Seagate (STX) Prelim Q2 Revs Top Expectations, Margins Tight

January 8, 2013 4:08 PM EST

Seagate Technology plc (NASDAQ: STX) announced selected preliminary financial results for its fiscal second quarter of 2013, which ended on December 28, 2012.

Seagate expects to report fiscal second quarter 2013 revenue of at least $3.6 billion and gross margin of more than 27%, reflecting unit shipments of approximately 58... More