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What to Expect from Seagate 3FQ23 Financial Results

Revenue at $1.97 billion, -29.7% Y/Y

To read this article from Yahoo!Finance, click on:
Here’s What to Expect From Seagate’s Q3 Earnings Release

Seagate Technology Holdings plc STX is scheduled to report third-quarter fiscal 2023 earnings on April 20.

The Zacks consensus estimate for earnings and revenues is pegged at 19 cents per share and $1.97 billion, implying a decline of 89.5% and 29.7%, respectively, from the year-ago quarter’s reported figure.

Management anticipates third-quarter fiscal 2023 revenues to be $2 billion (+/-$150 million) while non-GAAP EPS is expected to be 25 cents (+/-20 cents).

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