Seagate Technology (STX) Tops Q4 EPS by 30c, Offers Guidance

Seagate Technology (NASDAQ: STX) reported Q4 EPS of $1.05, $0.30 better than the analyst estimate of $0.75. Revenue for the quarter came in at $1.89 billion versus the consensus estimate of $1.87 billion.

Business Outlook

The business outlook for the fiscal first quarter 2025 is based on our current assumptions and expectations; actual results may differ materially as a result of, among other things, the important factors discussed in the Cautionary Note Regarding Forward-Looking Statements section of this release.

The Company is providing the following guidance for its fiscal first quarter 2025:

Revenue of $2.10 billion, plus or minus $150 million
Non-GAAP diluted EPS of $1.40, plus or minus $0.20

Guidance regarding non-GAAP diluted EPS excludes known pre-tax charges related to estimated share-based compensation expenses of $0.16 per share.

For earnings history and earnings-related data on Seagate Technology (STX) click here.

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