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<Results>Seagate Technology Holdings PLC - Ordinary Shares (Ireland) (STX.US) Beats Earnings Expectations in Last Fiscal Quarter; Shares Surge 13% After Hours
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Hard disk drive maker Seagate Technology Holdings PLC - Ordinary Shares (Ireland) (STX.US) announced that adjusted EPS for its third fiscal quarter was USD4.1, above market expectations of USD3.51. The stock price surged 13% in after-hours trading. Third-quarter revenue reached USD3.1 billion, representing an increase of 44% from a year earlier. Chief Executive Officer Dave Mosley said he believes that as artificial intelligence applications generate more data and support sustained storage demand, Seagate is entering a new era of structural growth. (to/s) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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