Seagate sees Q1 EPS $7.10-$7.50, consensus $5.86
STX Q4 EPS $5.71 tops est. $5.09; Q4 revs $3.63B vs. est. $3.49B; generated a record $3.1B in free cash flow; sees Q1 EPS $7.10-$7.50, above consensus $5.86 and guides Q1 revs $4.0B-$4.2B, above est. $3.75B; sees durable long-term demand for mass capacity storage as AI accelerates data Generation and its value; shares +10% - watch WDC
Story updates
08:13:54 PM UTC
SquawkNews
STX Q4 EPS $5.71 tops est. $5.09; Q4 revs $3.63B vs. est. $3.49B; generated a record $3.1B in free cash flow; sees Q1 EPS $7.10-$7.50, above consensus $5.86 and guides Q1 revs $4.0B-$4.2B, above est. $3.75B; sees durable long-term demand for mass capacity storage as AI accelerates data Generation and its value; shares +10% - watch WDC
08:16:40 PM UTC
SquawkNews
STX Sees Q1 Adj. EPS $7.50 vs. $5.86 Est.; revenue $4.2B vs. $3.75B Est.
STX Q4 EPS $5.71 tops est. $5.09; Q4 revs $3.63B vs. est. $3.49B; generated a record $3.1B in free cash flow; sees Q1 EPS $7.10-$7.50, above consensus $5.86 and guides Q1 revs $4.0B-$4.2B, above est. $3.75B; sees durable long-term demand for mass capacity storage as AI accelerates data Generation and its value; shares +10% - watch WDC