#Seagate

News tagged with #Seagate

Seagate Reports 205% Profit Jump: All Server Storage Sold Out Through 2028

Technology 10/28/2026, 18:48

Seagate reported a 205% jump in net income to $1.78 billion amid the AI boom. All server storage volumes are sold out through the end of 2028, with some contracts extending to 2030.

Seagate Reports Record Q1 Revenue of $4.2 Billion: Data Centers Drive 81% of Sales, EPS Jumps 194%

Technology 10/28/2026, 18:44

Seagate reported a record Q1 FY27: revenue grew 61% to $4.2 billion, EPS reached $7.68 (+194% YoY), and the Data Center segment accounted for 81% of sales. Free cash flow surged 246% to $1.5 billion.