Seagate Technology Holdings plc (STX) reported a profit for its first quarter that Increases, from last year
The company's earnings came in at $549 million, or $2.43 per share. This compares with $305 million, or $1.41 per share, last year.
Excluding items, Seagate Technology Holdings plc reported adjusted earnings of $583 million or $2.61 per share for the period.
The company's revenue for the period rose 21.3% to $2.629 billion from $2.168 billion last year.
Seagate Technology Holdings plc earnings at a glance (GAAP) :
-Earnings: $549 Mln. vs. $305 Mln. last year.-EPS: $2.43 vs. $1.41 last year.-Revenue: $2.629 Bln vs. $2.168 Bln last year.
-Guidance:Next quarter EPS guidance: $2.55-$2.95Next quarter revenue guidance: $2.60-$2.80 bln
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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.