earnings
confidence high
sentiment neutral
materiality 0.75
Seagate reports Q2 FY2024 revenue $1.555B; non-GAAP EPS $0.12; Q3 guidance above consensus
Seagate Technology Holdings plc
2024-Q2 EPS reported
-$0.97
revenue$3,009,000,000
- Revenue $1.555B, down 17.6% YoY but up 6.9% sequentially; GAAP EPS $0.00, non-GAAP EPS $0.12.
- Cash from ops $273M, free cash flow $173M; returned $119M to shareholders via dividends and buybacks.
- Quarterly dividend declared $0.70 per share, payable April 4, record March 21 (unchanged).
- Q3 FY2024 guidance: revenue $1.65B ± $150M, non-GAAP EPS $0.20 ± $0.15, above consensus.