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Seagate Navigates Earnings Beat Amid Storage Market Upcycle and Profitability Challenges

Seagate Navigates Earnings Beat Amid Storage Market Upcycle and Profitability Challenges

Seagate's pricing gains strengthen profitability as HAMR transition advances
Seagate's pricing gains strengthen profitability as HAMR transition advances

Seagate Technology's latest results show how stronger storage pricing and higher-capacity drives are lifting profitability as cloud customers plan further infrastructure investment. The next test...

Seagate sees a multi-year storage upcycle as long-term deals lock up supply through 2028
Seagate sees a multi-year storage upcycle as long-term deals lock up supply through 2028

Seagate Technology told investors it is "still in the early days of a multi-year growth phase" for mass-capacity storage, with demand visibility "extending beyond 2030" and most of its nearline...

Seagate Technology Reports Fiscal FQ1 2027 Financial Results
Seagate Technology Reports Fiscal FQ1 2027 Financial Results

Seagate Technology Holdings plc (NASDAQ: STX) (the "Company" or "Seagate"), a leading innovator of mass-capacity data storage, today reported financial results for its fiscal first quarter ended...

Seagate Stock Slides Despite Earnings Beat
Seagate Stock Slides Despite Earnings Beat

Seagate stock slid in late trades despite the hard-disk drive maker reporting fiscal first-quarter results easily ahead of estimates.

Memory Stocks Lost Their Mojo and Strong Earnings Aren’t Helping
Memory Stocks Lost Their Mojo and Strong Earnings Aren’t Helping

Sandisk Corp., Micron Technology Inc., Seagate Technology Holdings Plc and Western Digital Corp. were among the stock market’s biggest winners in the first six months of the year as demand from...

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