Seagate reported third quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.38 on revenue of $2.72B. Analysts polled by anticipated EPS of $1.32 on revenue of $2.62B. That compared to EPS of $0.83 on revenue of $2.31B in the same period a year earlier. The company had reported EPS of $1.35 on revenue of $2.7B in the previous quarter.
Seagate shares lost 1.32% to trade at $50.00 in after-hours trade following the report.
Seagate follows other major Technology sector earnings this month
On April 16, Taiwan Semiconductor reported first quarter EPS of $0.75 on revenue of $10.32B, compared to forecasts of EPS of $0.75 on revenue of $10.32B.
SAP ADR earnings missed analysts' expectations on Tuesday, with first quarter EPS of $0.92 on revenue of $7.08B. analysts expected EPS of $1.02 on revenue of $7.1B
Stay up-to-date on all of the upcoming earnings reports by visiting 's earnings calendar
