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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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.