Seagate Tech Hldgs: Q3 Earnings Insights - Seagate Tech Hldgs (NASDAQ:STX)

Seagate Tech Hldgs STX reported its Q3 earnings results on Thursday, April 20, 2023 at 08:00 AM.

Here's what investors need to know about the announcement.

Seagate Tech Hldgs missed estimated earnings by 233.33%, reporting an EPS of $-0.28 versus an estimate of $0.21.

Revenue was down $942.00 million from the same period last year.

Last quarter the company beat on EPS by $0.06 which was followed by a 10.86% increase in the share price the next day.

Here's a look at Seagate Tech Hldgs's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	0.10	0.76	1.92	1.89
EPS Actual	0.16	0.48	1.59	1.81
Revenue Estimate	1.83B	2.10B	2.78B	2.81B
Revenue Actual	1.89B	2.04B	2.63B	2.80B

To track all earnings releases for Seagate Tech Hldgs visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.