Seagate Technology’s fourth quarter revenue was US$3.629 billion, a year-on-year increase of 48%
According to news on July 28, local time, Seagate Technology's fourth-quarter revenue was US$3.65 billion, a year-on-year increase of 48%; analysts expected US$3.49 billion; fourth-quarter adjusted earnings per share (EPS) was US$5.71, analysts expected US$5.08; fourth-quarter adjusted operating profit margin was 44.6%, analysts expected 41.9%. The company expects first-quarter revenue of $4 billion to $4.2 billion, while analysts expected $3.79 billion. The company's stock price rose more than 9% after the U.S. stock market closed.
According to news on July 28, local time, Seagate Technology's fourth-quarter revenue was US$3.65 billion, a year-on-year increase of 48%; analysts expected US$3.49 billion; fourth-quarter adjusted earnings per share (EPS) was US$5.71, analysts expected US$5.08; fourth-quarter adjusted operating profit margin was 44.6%, analysts expected 41.9%. The company expects first-quarter revenue of $4 billion to $4.2 billion, while analysts expected $3.79 billion. The company's stock price rose more than 9% after the U.S. stock market closed.