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Kritika Sarmah

Seagate Technology’s Quarterly Earnings Preview: What You Need to Know

Seagate Seagate Technology STX

With a market cap of $47.9 billion, Seagate Technology Holdings plc (STX) is a leading global provider of data storage solutions, specializing in hard disk drives (HDDs), solid-state drives (SSDs), and data management systems. The Singapore-based company serves major markets, including cloud computing, enterprise data centers, and personal storage.

The data storage titan is slated to announce its fiscal Q1 2025 earnings results soon. Ahead of this event, analysts expect STX to report a profit of $2.11 per share, up 50.7% from $1.40 per share in the year-ago quarter. It has exceeded Wall Street's earnings expectations in all of the past four quarters.

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