Seagate Technology Fiscal Q3 Non-GAAP Earnings, Revenue Rise; Sets Q4 Guidance

MT Newswires Live
2025/04/30

Seagate Technology (STX) reported fiscal Q3 non-GAAP earnings late Tuesday of $1.90 per diluted share, up from $0.33 a year earlier.

Analysts polled by FactSet expected $1.74.

Revenue for the quarter ended March 28 was $2.16 billion, up from $1.66 billion a year earlier.

Analysts surveyed by FactSet expected $2.12 billion.

The company set its fiscal Q4 non-GAAP diluted EPS outlook of $2.20 to $2.60 on revenue of $2.25 billion to $2.55 billion. Analysts expect EPS of $2.06 on revenue of $2.29 billion.

The company kept its quarterly dividend at $0.72 per share, payable July 8 to holders of record June 25.

Shares were up 5.7% in after-hours trading.

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