Seagate Technology (STX) Tops Q2 EPS by 30c
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Seagate Technology Reports Fiscal Second Quarter 2017 Financial Results
January 24, 2017 4:05 PM ESTCash Flow from Operations $656 million, up 72% year-over-year
Diluted Earnings per Share up 82% year-over-year Net Income up 80% year-over-year Gross Margin expansion 600 basis points year-over-year Average Capacity per Drive up 30% year-over-yearCUPERTINO, Calif.--(BUSINESS WIRE)-- Seagate Technology plc (NASDAQ: STX) (the Company or Seagate) today reported financial results for the second quarter of fiscal year 2017 ended December 30, 2016. For the second quarter, the Company reported revenue of $2.9 billion, gross margin of 30.8%, net income of... More
