Seagate Tech beats by $0.05, reports revs in-line; guides Q3 EPS in-line, revs in-line (96.31 +1.53)
- Reports Q2 (Dec) earnings of $2.41 per share, excluding non-recurring items, $0.05 better than the S&P Capital IQ Consensus of $2.36; revenues rose 18.8% year/year to $3.12 bln vs the $3.12 bln S&P Capital IQ Consensus.
- Co issues in-line guidance for Q3, sees EPS of $1.80-2.20, excluding non-recurring items, vs. $2.05 S&P Capital IQ Consensus; sees Q3 revs of $2.75-3.05 bln vs. $2.9 bln S&P Capital IQ Consensus.