Seagate Technology plc (NASDAQ: STX) reported second-quarter 2021 earnings results after the closing bell on Thursday.
Revenue increased to $2.62 billion from $2.69 billion last year. Analysts had expected revenue of $2.56 billion.
The net income declined to $280 million from $318 million, while earnings per share decreased from $1.20 to $1.12. The Non-GAAP earnings per share were $1.29 compared to analysts’ estimate of $1.13 per share.
The stock closed Thursday’s regular session at $62.94, and declined after the press release.
Most Popular
Lyft (LYFT) expects average ride volumes to improve through Q1 2021
Shares of Lyft Inc. (NASDAQ: LYFT) were up 8% in afternoon hours on Wednesday. The stock has gained 53% over the past 12 months and 25% since the beginning of
With new strategy in place, Target looks poised to tap growing online demand
Department store chain Target Corp. (NYSE: TGT), which has been thriving on the pandemic-driven shopping boom since early last year, maintained its strong performance during the holiday season and entered
Infographic: Dollar Tree’s (DLTR) performance in Q4
Dollar Tree (NYSE: DLTR) reported fourth-quarter financial results before the opening bell on Wednesday. The discount store reported a 7% increase in Q4 net sales to $6.7 billion. The company
