Seagate Technology (STX) reported second quarter non-GAAP net income of $1.38 per share after the close Monday, which topped the consensus estimate of $1.28. Revenues rose to $3.668 billion from $3.195 billion in the prior year quarter. The consensus estimate was for revenues of $3.58 billion. The stock is now up 1.09 on 400K shares.
Seagate Technology gapped up slightly Monday, but traded in a range for the majority of the session. Shares finished up by 0.16 at $37.41 and closed challenging the highs of the year.
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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.