Seagate Technology Reports Fiscal Third Quarter 2020 Financial Results
Seagate Technology Holdings PLC - Ordinary Shares (Ireland) (STX)
Last seagate technology holdings plc - ordinary shares (ireland) earnings: 4/22 04:05 pm
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US:NASDAQ Investor Relations:
seagate.com/investors/overview
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Source: Business Wire
– Achieved revenue of $2.72 billion– Reported GAAP operating margin of 13.8%; non-GAAP operating margin of 15.5%– Delivered GAAP diluted earnings per share (EPS) of $1.22; non-GAAP diluted EPS of $1.38– Generated $390 million in operating cash flow and $260 million in free cash flow CUPERTINO, Calif.--(BUSINESS WIRE)--Seagate Technology plc (NASDAQ: STX) (the “Company” or “Seagate”) today reported financial results for its fiscal third quarter ended April 3, 2020.“Seagate executed very well in the third quarter while navigating the unprecedented challenges brought on by the COVID-19 pandemic. Our teams worked tirelessly to safeguard the health of their colleagues, support customer demand, and execute our product roadmap. In this challenging environment, we achieved strong financial performance, delivering revenue and non-GAAP EPS that were above our guidance midpoint and continuing to generate solid free cash flow,” said Dave Mosley, Seagate’s chief executive officer.“Our results d
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