Seagate Technology Shares Rise After Hours As 2Q Results Beat Analyst Views

Dow Jones2023-01-26

Shares of Seagate Technology Holdings PLC increased 7.6% to $66.98 in after-hours trading on Wednesday after the company posted fiscal second-quarter results that beat analysts' expectations.

The company posted a loss of $33 million, or 16 cents per share. On an adjusted basis, the company posted earnings of 16 cents per share. Analysts polled by FactSet were looking for adjusted earnings of 9 cents per share.

Revenue was $1.89 billion, above analysts' expectation of $1.82 billion.

For the third quarter, the company guided for revenue of $2 billion, plus or minus $150 million. Analysts expected $1.88 billion for the third quarter.

Adjusted per-share earnings for the period are expected to be 25 cents, plus or minus 20 cents, it said.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

T202311701
2023-01-26
T202311701
O
Fahmi R
2023-01-26
Fahmi R
Nice

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2306358436?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-01-26 08:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2306358436","market":"us","top_or_hot":-1,"title":"Seagate Technology Shares Rise After Hours As 2Q Results Beat Analyst Views","media":"Dow Jones","content":"<html><head></head><body><p>Shares of Seagate Technology Holdings PLC increased 7.6% to $66.98 in after-hours trading on Wednesday after the company posted fiscal second-quarter results that beat analysts&#39; expectations.</p><p><img src=\"https://static.tigerbbs.com/d96a9574e9092aaf33b13116439a36c4\" tg-width=\"826\" tg-height=\"617\" width=\"100%\" height=\"auto\"/></p><p>The company posted a loss of $33 million, or 16 cents per share. On an adjusted basis, the company posted earnings of 16 cents per share. Analysts polled by FactSet were looking for adjusted earnings of 9 cents per share.</p><p>Revenue was $1.89 billion, above analysts&#39; expectation of $1.82 billion.</p><p>For the third quarter, the company guided for revenue of $2 billion, plus or minus $150 million. Analysts expected $1.88 billion for the third quarter.</p><p>Adjusted per-share earnings for the period are expected to be 25 cents, plus or minus 20 cents, it said.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Seagate Technology Shares Rise After Hours As 2Q Results Beat Analyst Views</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSeagate Technology Shares Rise After Hours As 2Q Results Beat Analyst Views\n</h2>\n\n<h4 class=\"meta\">\n\n2023-01-26 08:49 北京时间&nbsp;&nbsp;&nbsp;<strong>Dow Jones</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Seagate Technology Holdings PLC increased 7.6% to $66.98 in after-hours trading on Wednesday after the company posted fiscal second-quarter results that beat analysts' expectations.The ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STX","symbol_name":"希捷科技","start_time":0,"source_url":"","article_id":"2306358436","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2306358436","pubTimestamp":1674694196,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Seagate Technology Holdings PLC increased 7.6% to $66.98 in after-hours trading on Wednesd","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"STX":"希捷科技","BK4512":"苹果概念","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","BK4585":"ETF&股票定投概念","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","BK4170":"电脑硬件、储存设备及电脑周边","IE00B19Z9P08.USD":"LEGG MASON CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (USD) INC"},"translate_title":"希捷科技股价盘后上涨6.5%，第二季度业绩超过分析师预期","themeId":"768868217a8a42b8834d60b34fc824ad","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STX":0.9},"content_text":"Shares of Seagate Technology Holdings PLC increased 7.6% to $66.98 in after-hours trading on Wednesday after the company posted fiscal second-quarter results that beat analysts' expectations.The company posted a loss of $33 million, or 16 cents per share. On an adjusted basis, the company posted earnings of 16 cents per share. Analysts polled by FactSet were looking for adjusted earnings of 9 cents per share.Revenue was $1.89 billion, above analysts' expectation of $1.82 billion.For the third quarter, the company guided for revenue of $2 billion, plus or minus $150 million. Analysts expected $1.88 billion for the third quarter.Adjusted per-share earnings for the period are expected to be 25 cents, plus or minus 20 cents, it said.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9952659221,"gmtCreate":1674700730463,"gmtModify":1676538953887,"author":{"id":"4115257325505790","authorId":"4115257325505790","name":"T202311701","avatar":"https://community-static.tradeup.com/news/816311e9879fbae4e952e2a5386f68ca","vip":1,"crmLevel":9,"crmLevelSwitch":0,"authorIdStr":"4115257325505790","idStr":"4115257325505790"},"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952659221","repostId":2306358436,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9952629313,"gmtCreate":1674696128132,"gmtModify":1676538953392,"author":{"id":"4116421948148902","authorId":"4116421948148902","name":"Fahmi R","avatar":"https://community-static.tradeup.com/news/d8190097a435718ddf39bcc147c87708","vip":1,"hat":"https://static.tigerbbs.com/7b75ce0c34afff716602792a5d0929dd","crmLevel":1,"crmLevelSwitch":1,"authorIdStr":"4116421948148902","idStr":"4116421948148902"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952629313","repostId":2306358436,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":34,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2306358436"}