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Seagate Technology Plunges 10% Following Q3 Guidance
Thursday, April 14, 2016 - 8:26am | 326Read More...Shares of Seagate Technology PLC (NASDAQ: STX) were trading lower by more than 10 percent early Thursday morning after the company reported preliminary financial information for its fiscal third quarter. Seagate expects to record revenue of $2.6 billion, non-GAAP gross margin of 23 percent and...
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Seagate Announces 'Definitive Agreement' To Purchase LSI's Flash Business From Avago
Thursday, May 29, 2014 - 8:47am | 146Read More...Seagate Technology (NASDAQ: STX) announced Thursday that is has reached a "definitive agreement" with Avago Technologies (NASDAQ: AVGO) to purchase the assets of LSI's Accelerated Solutions Division and Flash Components Division for $450 million. Seagate CEO, Steve Luczo commented, "Seagate is...
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Seagate Drops 4% After Q2 Earnings Miss
Monday, January 27, 2014 - 5:24pm | 259Read More...Seagate (NASDAQ: STX) is down more than four percent in after-hours trading after the company reported its second quarter results. The data storage firm reported a Q2 EPS of $1.32 versus the Street estimate of $1.38. Earnings per share were down four percent from the year-ago quarter. Revenue...
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Seagate Technology Warns of Miss in Revenue, Margin Goals
Friday, July 6, 2012 - 9:06am | 542Read More...Seagate Technology (NASDAQ: STX) tempered investor expectations on Thursday when it announced selected preliminary numbers for its fourth fiscal quarter ending on June 29th, 2012, prior to the company's earnings call scheduled for July 30 after market close. The company said that while it still...
