Solid Demand, Upbeat View to Fuel Seagate (STX) Post Q3 Earnings

Seagate Technology Holdings plc (STX) reported third-quarter fiscal 2024 results. Though earnings per share beat the Zacks Consensus Estimate, sales lagged the same.Seagate reported non-GAAP earnings of 33 cents per share, beating the Zacks Consensus Estimate by 22.2%. The company reported a non-GAAP loss of 28 cents per share in the year-ago quarter. Management anticipated non-GAAP earnings to be 25 cents (+/- 20 cents).Non-GAAP revenues of $1.655 billion missed the Zacks Consensus Estimate by 0.7%. The fi ...