Seagate Earnings, Revenue beat in Q2

Seagate Earnings, Revenue beat in Q2

Feb 04, 2019

Seagate reported second quarter earnings that beat analysts' expectations on Monday and revenue that topped forecasts.

The firm reported earnings per share of $1.41 on revenue of $2.72B. Analysts polled by anticipated EPS of $1.27 on revenue of $2.71B. That compared to EPS of $1.48 on revenue of $2.91B in the same period a year earlier. The company had reported EPS of $1.7 on revenue of $2.99B in the previous quarter.

Seagate shares gained 0.97% to trade at $46.00 in after-hours trade following the report.

Seagate follows other major Technology sector earnings this month


On Wednesday, Microsoft reported second quarter EPS of $1.1 on revenue of $32.47B, compared to forecasts of EPS of $1.09 on revenue of $32.54B.

Apple earnings beat analyst's expectations on January 29, with first quarter EPS of $4.18 on revenue of $84.31B. analysts expected EPS of $4.17 on revenue of $83.97B

Stay up-to-date on all of the upcoming earnings reports by visiting 's earnings calendar

Join Libertex!

Practice for free on a demo account with 50,000 euro

Register
or start live trading now