Earnings ·
Seagate reports $4.2B Q1 revenue, declares $0.76 quarterly dividend
STXSeagate Technology Holdings plc
Seagate Technology Holdings plc reported fiscal first quarter 2027 results with revenue of $4.2 billion and GAAP diluted earnings per share of $7.59. The company generated $1.7 billion in operating cash flow and retired $1.2 billion of debt, lowering gross debt to $2.4 billion. Additionally, the Board declared a quarterly cash dividend of $0.76 per share, payable on January 7, 2027, to shareholders of record as of December 23, 2026. Seagate operates in the mass-capacity data storage industry.