Seagate Technology (STX) reported fourth quarter non-GAAP net income of $2.41 after the bell Monday, which fell short of the consensus estimate of $2.51. Revenues rose to $4.48 billion from $2.86 billion in the prior year quarter. The consensus estimate was for revenues of $4.56 billion. The stock is now down 1.08 on 358K shares.
Seagate Technology was range-bound for the majority of Monday's session and closed up by 0.42 at $30.43. The stock closed at over a 2-month high.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.