Exhibit 99.1 Investor Relations Contact: Shanye Hudson, (510) 661-1600 shanye.hudson@seagate.com Media Contact: Karin Taylor, (408) 772-8279 karin.h.taylor@seagate.com SEAGATE TECHNOLOGY REPORTS FISCAL FIRST QUARTER 2025 FINANCIAL RESULTS Fiscal Q1 2025 Highlights ▪ Revenue increased to $2.17 billion ▪ GAAP diluted earnings per share (EPS) of $1.41; non-GAAP diluted EPS of $1.58 ▪ Cash flow from operations of $95 million and free cash flow of $27 million ▪ Increased quarterly cash dividend by approximately ...

Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in STX over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Disclaim ...

MINNEAPOLIS, MN - JANUARY 03: A general view of the Seagate Technology company offices on January ... [+] 03, 2024 in Minneapolis, Minnesota. (Photo by AaronP/Bauer-Griffin/GC Images)GC ImagesNote: FY’24 ended in June 2024Seagate stock (NASDAQ: STX Stacks ), a company specializing in the design, manufacture, and distribution of electronic data storage solutions and products, is scheduled to report its first-quarter results on Tuesday, October 22. We expect STX’s stock to likely see little to no movement wit ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Seagate (STX) , which belongs to the Zacks Computer - Integrated Systems industry, could be a great candidate to consider.This electronic storage maker has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 31.11%.For the last reported quarter, Seagat ...

Seagate Technology Holdings plc (STX) is scheduled to report first-quarter fiscal 2025 earnings on Oct. 22.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for first-quarter fiscal 2025 earnings has been revised upwards by 2.1% in the past 60 days at $1.48 per share. The company reported a non-GAAP loss per share of 22 cents in the prior year quarter. The Zacks Consensus Estimate for revenues is currently pegged at $2.11 billion, indicating a 44.8% uptick ...

Wall Street analysts forecast that Seagate (STX) will report quarterly earnings of $1.48 per share in its upcoming release, pointing to a year-over-year increase of 772.7%. It is anticipated that revenues will amount to $2.11 billion, exhibiting an increase of 44.8% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timefra ...

Seagate Technology Holdings plc (STX) is a leading provider of data storage technology and infrastructure solutions.Seagate reported revenues of $6.55 billion in fiscal 2024. In the fiscal fourth quarter of 2024, non-GAAP revenues of $1.89 billion beat the Zacks Consensus Estimate by 1.5%. The figure increased 18% on a year-over-year basis and 14% sequentially driven by growing demand for mass capacity solutions. Management projected revenues to be $1.85 billion (+/- $150 million) for the fiscal fourth quar ...

The data storage market has massive growth opportunities thanks to catalysts such as AI, and this company is all about data storage.Goldman Sachs recently released a report estimating that the global cloud computing market could generate a whopping $2 trillion in revenue in 2030. The report projects this market will see a compound annual growth rate of 22% through the end of the decade, with new catalysts such as artificial intelligence (AI) set to play a central role in its growth.Plenty of companies are a ...

Seagate Technology TodaySTXSeagate Technology$109.01 +0.27 (+0.25%) 52-Week Range$64.12▼$113.57Dividend Yield2.57%Price Target$115.94Add to WatchlistSeagate Technology Holdings plc NASDAQ: STX is a leading provider of consumer and enterprise data storage solutions. It is the largest hard disk drive (HDD) manufacturer in the world and also sells solid-state drives (SSD). Combined with rival Western Digital Co. NASDAQ: WDC, the duopoly commands 80% of the global market share of HDD production.The robust fisca ...

This article is a follow-up to an article I wrote in July, which you can find here . I will be referencing some details that I mentioned in that article, so I recommend reading it as well.I am currently a college student, but I have been around the investment industry for my entire life. My parents are/were both in the industry which helped create my interest in the market. It also helped form my analysis style. My dad used to have me build spreadsheets for him that included fundamental and sentiment analys ...