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Seagate Q1 Profit Climbs on Higher Revenue; Raises Dividend

Seagate reported higher net income and revenue for fiscal Q1 2027 and raised its dividend. It also provided an outlook for fiscal Q2.

STX

WASHINGTON (dpa-AFX) - Seagate Technology Holdings plc (STX), a data storage solutions provider announced a surge in net income for the first quarter of fiscal 2027, driven by higher revenue. Further the company provided its outlook for the second quarter based on current expectations.In overnight…