Seagate Technology (NASDAQ:STX) Reports Q2 In Line With Expe

Data storage manufacturer Seagate (NASDAQ:STX) reported results in line with analysts' expectations in Q2 FY2024, with revenue down 17.6% year on year to $1.56 billion. The company expects next quarter's revenue to be around $1.65 billion, in line with analysts' estimates. It made a non-GAAP profit of $0.12 per share, down from its profit of $0.16 per share in the same quarter last year.

Related Keywords

Dave Mosley , Memory Semiconductors , Seagate Technology , Cash Flow , Days Outstanding , Quarterly Dividend , Solid State Drives , Inventory Outstanding , Wall Street , Free Cash Flow , Inventory Levels , Sequential Revenue Growth , Days Inventory Outstanding , Analyst Estimates , Data Storage ,