In Q3 2024, Seagate Technology PLC reported earnings of $0.12 per share, exceeding estimates, while revenue decreased to $1.66 billion.

Seagate Technology PLC (STX) reported Q3 2024 earnings of $0.12 per share, beating analysts' estimates of $0.08 per share. Revenue decreased to $1.66 billion, down from $1.86 billion in the same period last year. The company's adjusted earnings were $0.33 per share, exceeding expectations of $0.29 per share. Seagate updated its Q4 guidance to $0.50-$0.90 EPS and $1.7-$2.0 billion in revenue.

April 23, 2024
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