Seagate reports Q2 adjusted EPS $1.41, consensus $1.28 - InvestingChannel

Seagate reports Q2 adjusted EPS $1.41, consensus $1.28

Reports Q2 revenue $2.7B, consensus $2.72B. “In the December quarter, we executed well against a more challenging demand environment and delivered solid financial results reflecting strong operational efficiency. While there are market and geo-political uncertainties impacting the storage industry, our belief in the long-term growth of data creation and storage demand remains unchanged. By delivering competitive cost-effective mass storage solutions, Seagate enables the Data Age digital transformations for businesses across many industries. Our deep storage industry expertise and leading technology portfolio will continue to drive long-term success for the company and deliver value to our shareholders,” said Dave Mosley, Seagate’s chief executive officer.