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Seagate beats consensus with $4.233 billion in Q1 revenue

Earnings Whispers +1 · ·by G4L

STX Seagate Technology Holdings Plc
$545.14 -1.19%
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  1. 1Seagate's fiscal Q1 Non-GAAP EPS of $7.68 exceeded the Wall Street consensus of $7.40.
  2. 2Seagate provided fiscal Q2 revenue guidance of $4.8 billion (a difference of approximately $100 million).
  3. 3Seagate returned $568 million during the quarter and increased dividends by approximately 3% to $0.76.

So what's the key point?

Seagate earned more profit than experts expected. The company stated that next quarter's revenue will be around $4.8 billion.

Source Earnings Whispers +1 · View original ↗

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