Categories AlphaGraphs, Earnings, Technology

Seagate Technology (STX) Earnings Infographic: Q4 results beat estimates

Storage solutions provider Seagate Technology plc (NASDAQ: STX) announced fourth-quarter 2021 results on Wednesday morning, reporting a double-digit increase in earnings and revenues. The results also topped the market’s projection.

Seagate Q4 2021 earnings infographic

The adjusted net income was $2.00 per share in the June quarter, up from last year’s earnings of $1.20 per share and above the consensus estimates. Reported profit rose to $482 million or $2.07 per share from $166 million or $0.64 per share in the fourth quarter of 2020.

The strong bottom-line performance reflects a 20% increase in revenues to $3.01 billion. The top-line also exceeded the expert’s forecast.


Read management/analysts’ comments on Seagate’s Q4 report


Seagate’s shares gained in early Wednesday soon after the earnings announcement, after closing the previous session higher.

Prior Performance

  • Seagate Q3 2020 earning

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO

Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training

INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues

Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came

Riding the AI wave, Nvidia looks set to stay on the high-growth path

After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top