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Seagate Technology Holdings Plc  (STX)
Other Ticker:  
 
    Sector  Technology    Industry Computer Hardware
   Industry Computer Hardware
   Sector  Technology


 

Seagate Technology Holdings Plc

STX's Financial Statements and Analysis



Seagate Technology Holdings Plc narrowed second quarter of 2024 net loss per share of $-0.09 compare to net loss per share of $-0.16 recorded in the same quarter a year ago and improved compare to net loss per share of $-0.88 realized in previous quarter.


second quarter of 2024
Earnings Per Share Revenues
$ -0.09 $  1,555 Mill
$+0.07     $-332M     -17.59 %



Seagate Technology Holdings Plc's Revenue fell by -17.59 % in second quarter of 2024 (Dec 29 2023) year on year, to $1,555 million and advanced by 6.95 % sequentially.


Seagate Technology Holdings Plc is

More on STX's Income Statement



Seagate Technology Holdings Plc's in thesecond quarter of 2024 recorded net loss of $-19.000 million, an improvement compare to net loss of $-33.000 million in II. Quarter a year ago.

Sequentially net loss narrowed from net loss of $-184.000 million realized in previous quarter.

More on STX's Growth

Seagate Technology Holdings Plc Inventories
Inventories declined by -11.81 % to $1,053.00 million from II. Quarter a year ago, sequentially inventories rose by 0.1 %. In Dec 29 2023 company's net cash and cash equivalents decreased by $-8 million, capital expenditures grew by -79-11.39%, to $-70 millions compare to same quarter a year ago

More on STX's Cash flow Statement


Seagate Technology Holdings Plc payed out dividend of $3.50 per share in last 52 weeks

In trailing twelve-month period Seagate Technology Holdings Plc earned $ 3.55 cash per share, on a free-cash flow basis .


Tangible Book value fell to $ -14.60 per share from $ -14.13.

Company issued 1.00 million shares or 0.48 % in Dec 29 2023.


More on STX's Dividends

 Market Capitalization (Millions) 17,847
 Shares Outstanding (Millions) 209
 Total Debt (Millions $) 5,669
 Revenue (TTM) (Millions $) 6,471
 Net Income (TTM) (Millions $) -728
 Cash Flow (TTM) (Millions $) 17
 Capital Exp. (TTM) (Millions $) -244
 Dividend TTM ($) 3.5 $
 Dividend Yield TTM (%) 6.56 %
 Employees (TTM) $ 40,000




Seagate Technology Holdings Plc payed out dividend of $3.50 per share in the last 52 weeks

In trailing twelve-month period Seagate Technology Holdings Plc had $ 3.55 cash flow per share, on a free-cash flow basis .


Tangible Book value fell to $ -14.60 per share from $ -14.13.

Company issued 1.00 million shares or 0.48 % in Dec 29 2023.


More on STX's Balance Sheets

 Market Capitalization (Millions) 17,847
 Shares Outstanding (Millions) 209
 Total Debt (Millions $) 5,669
 Revenue (TTM) (Millions $) 6,471
 Net Income (TTM) (Millions $) -728
 Cash Flow (TTM) (Millions $) 17
 Capital Exp. (TTM) (Millions $) -244
 Dividend TTM ($) 3.5 $
 Dividend Yield TTM (%) 6.56 %
 Employees (TTM) $ 40,000
   


  News about Seagate Technology Holdings Plc Earnings

Seagate Technology Holdings Plc: Revamps Financial Performance, Beats Revenue Decline with Reduced Losses and Improved Earnings



Seagate Technology Holdings Plc, a leading computer hardware company, has released its financial results for the second quarter of 2024. Despite facing a decline in revenue, the company managed to reduce its losses per share and reported an improvement in earnings compared to the previous fiscal period. Additionally, Seagate's stockpiles and accounts receivable levels have experienced year-on-year changes, suggesting potential challenges in meeting customer demand.
Overview:
Seagate Technology Holdings Plc reported a decrease in revenue by 17.594% to $1.56 billion in the second quarter of 2024, compared to $1.89 billion in the corresponding reporting season a year ago. However, the company ...

Seagate Technology Holdings Plc: Resilience Rises as Q1 2024 Profits Plummet

Seagate Technology Holdings plc has recentl...

STX Sees Significant Revenue Decline in Q2 2023, Falling by 39.041%

Despite the recent challenges faced by Seagate Technolog...


Date modified: 2024-01-29T14:58:53+00:00





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