Seagate Technology Holdings Plc (STX)
Seagate Technology Holdings plc (STX) Q2 2025 Earnings Conference Call Transcript
Seagate Technology Holdings plc (NASDAQ:STX ) Q2 2025 Earnings Conference Call January 21, 2025 5:00 PM ET Company Participants Shanye Hudson - I|R David Mosley - CEO Gianluca Romano - CFO Conference Call Participants Erik Woodring - Morgan Stanley Wamsi Mohan - Bank of America Krish Sankar - TD Cowen Amit Daryanani - Evercore Timothy Arcuri - UBS Asiya Merchant - Citigroup Steven Fox - Fox Advisors Thomas O'Malley - Barclays Aaron Rakers - Wells Fargo Karl Ackerman - BNP Paribas Vijay Rakesh - Mizuho C.J. Muse - Cantor Fitzgerald Ananda Baruah - Loop Capital Operator Good afternoon, and welcome to the Seagate Technology Fiscal Second Quarter 2025 Conference Call.
Compared to Estimates, Seagate (STX) Q2 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Seagate (STX) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Seagate (STX) Beats Q2 Earnings and Revenue Estimates
Seagate (STX) came out with quarterly earnings of $2.03 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $0.12 per share a year ago.
Seagate forecasts third-quarter revenue below estimates on slow PC market rebound
Seagate Technology on Tuesday forecast third-quarter revenue below analysts' estimates, expecting sluggish sales for its storage devices used in personal computers as the PC market struggles to bounce back.
Live Earnings Blog: Will Seagate (STX) Soar After Announcing Earnings?
Below we previewed what Wall Street expects next quarter, but what does it expect looking ahead?
The Big 3: AMZN, C, STX
Jessica Inskip returns to today's Big 3 to break down her bullishness behind Amazon (AMZN), Citigroup (C) and Seagate Technology (STX). Rick Ducat dives into the technical trends behind each.
STX Unveils 36TB Hard Drives Using HAMR-Based Mozaic 3+ Technology
Seagate introduces hard drives with up to 36TB capacity, using the innovative Mozaic 3+ platform and advanced HAMR technology.
How To Earn $500 A Month From Seagate Stock Ahead Of Q2 Earnings
Seagate Technology Holdings plc STX will release its second-quarter financial results, after the closing bell, on Tuesday, Jan. 21, 2025.
Seagate to Report Q2 Earnings: Here's What Investors Should Know
STX's fiscal second-quarter performance is likely to have gained from incremental improvements in mass capacity demand, driven by nearline cloud products.
Seeking Clues to Seagate (STX) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Seagate (STX), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Growing Cloud Storage Demand Bodes Well For Seagate
Seagate's stock price has dropped over 10% since August, but its strong Q1 performance and cloud storage demand make it a strong buy. Seagate remains a leader in hard drive storage, with significant market share and promising future growth, especially with HAMR technology increasing storage capacity. Despite substantial debt, Seagate plans to pay down $700 million this year and offers a sustainable 3.25% dividend yield at current prices.
Seagate Stock Down 10% in a Month: Is This a Buying Opportunity?
Healthy market demand, strategic efforts and strong outlook make STX a compelling investment opportunity.
