From Financial Modeling Prep: 2024-10-23 09:03:00

Seagate Technology PLC (NASDAQ:STX) shares dropped over 4% in pre-market trading due to lower-than-expected Q2 guidance. Despite beating Q1 earnings estimates with $1.58 EPS and $2.17 billion revenue, the company’s outlook for the next quarter disappointed investors. CEO Dave Mosley praised strong Q1 performance, but Q2 forecast of $1.85 EPS and $2.30 billion revenue missed analyst expectations.



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