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