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Technology Stocks : Seagate Technology - Fundamentals
STX 255.88-4.6%Oct 31 9:30 AM EDT
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To: Sam who wrote (1983)1/23/2007 4:25:12 PM
From: Sam  Read Replies (1) of 1989
 
Seagate Technology Halted - Tops Q2 Estimates, Sees Q3 Above Forecasts
4:12 p.m. 01/23/2007 Provided by


Boston, Jan 23, 2007 (MidnightTrader via COMTEX) -- Seagate Technology (STX) says Q2 sales were $3 billion, above the FC mean for $2.927 billion.

Non-GAAP EPS were $0.39, more than the FC mean for $0.32.

FY sales are seen between $11.5-11.7 billion, in line with to above the FC mean for $11.501 billion. Non-GAAP EPS are seen between $1.70-1.75, more than the FC mean for $1.67.

For Q3, revenues are seen between $2.9-3 billion, above the FC mean for $2.892 billion. Non-GAAP EPS are seen between $0.56-0.60, above the FC mean for $0.54.

It declared a quarterly dividend of $0.10 per share to be paid on or before February 16 to all common shareholders of record as of February 2.

Price: 26.15, Change: 0, Percent Change: 0
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