Seagate Technology Holdings plc (STX) reported a profit for its third quarter that Increases, from the same period last year
The company's bottom line came in at $748 million, or $3.27 per share. This compares with $340 million, or $1.57 per share, last year.
Excluding items, Seagate Technology Holdings plc reported adjusted earnings of $934 million or $4.10 per share for the period.
The company's revenue for the period rose 44.1% to $3.112 billion from $2.160 billion last year.
Seagate Technology Holdings plc earnings at a glance (GAAP) :
-Earnings: $748 Mln. vs. $340 Mln. last year.-EPS: $3.27 vs. $1.57 last year.-Revenue: $3.112 Bln vs. $2.160 Bln last year.
For the fourth quarter, the company expects revenue of $3.45 billion, plus or minus $100 million, and adjusted EPS of $5.00, plus or minus $0.20.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.