SINGAPORE (AP) — SINGAPORE (AP) — Seagate Technology Holdings plc (STX) on Tuesday reported fiscal second-quarter earnings of $336 million.
On a per-share basis, the Singapore-based company said it had net income of $1.55. Earnings, adjusted for non-recurring costs and stock option expense, came to $2.03 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.88 per share.
The electronic storage maker posted revenue of $2.33 billion in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $2.31 billion.
For the current quarter ending in March, Seagate expects its per-share earnings to range from $1.50 to $1.90.
The company said it expects revenue in the range of $1.95 billion to $2.25 billion for the fiscal third quarter.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STX at https://www.zacks.com/ap/STX
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。