1 month ago
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Seagate Earnings, Revenue beat in Q2

Investing.com - Seagate reported second quarter earnings that beat analysts' expectations on Monday and revenue that topped forecasts. The firm

Investing.com - Seagate reported second quarter earnings that beat analysts' expectations on Monday and revenue that topped forecasts.

The firm reported earnings per share of $1.41 on revenue of $2.72B. Analysts polled by Investing.com anticipated EPS of $1.27 on revenue of $2.71B. That compared to EPS of $1.48 on revenue of $2.91B in the same period a year earlier. The company had reported EPS of $1.7 on revenue of $2.99B in the previous quarter.

Seagate shares gained 0.97% to trade at $46.00 in after-hours trade following the report.

Seagate follows other major Technology sector earnings this month


On Wednesday, Microsoft reported second quarter EPS of $1.1 on revenue of $32.47B, compared to forecasts of EPS of $1.09 on revenue of $32.54B.

Apple earnings beat analyst's expectations on January 29, with first quarter EPS of $4.18 on revenue of $84.31B. Investing.com analysts expected EPS of $4.17 on revenue of $83.97B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar