Seagate Tech beats by $0.10, beats on revs
- Reports Q1 (Sep) earnings of $0.96 per share, excluding non-recurring items, $0.10 better than the Capital IQ Consensus of $0.86; revenues fell 5.9% year/year to $2.63 bln vs the $2.54 bln Capital IQ Consensus.
- The Board of Directors of the Company has approved a quarterly cash dividend of $0.63 per share, which will be payable on January 3, 2018 to shareholders of record as of the close of business on December 20, 2017.