Seagate Technology Holdings plc (STX) released earnings for its second quarter that Increases, from the same period last year
The company's earnings totaled $593 million, or $2.60 per share. This compares with $336 million, or $1.55 per share, last year.
Excluding items, Seagate Technology Holdings plc reported adjusted earnings of $702 million or $3.11 per share for the period.
The company's revenue for the period rose 21.5% to $2.825 billion from $2.325 billion last year.
Seagate Technology Holdings plc earnings at a glance (GAAP) :
-Earnings: $593 Mln. vs. $336 Mln. last year.-EPS: $2.60 vs. $1.55 last year.-Revenue: $2.825 Bln vs. $2.325 Bln last year.
For the third quarter of 2026, the company expects revenue of $2.90 billion, plus or minus $100 million, and adjusted EPS of $3.40, plus or minus $0.20.
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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.