Sat, Dec 20, 2014, 9:02 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Seagate Technology Public Limited Company Message Board

  • bluecheese4u bluecheese4u Apr 15, 2008 4:49 PM Flag

    Seagate Technology Reports Fiscal Third Quarter 2008 Results

    Seagate Technology Reports Fiscal Third Quarter 2008 Results
    Tuesday April 15, 4:01 pm ET
    - Quarterly revenue grows 10% year-over-year
    - Quarterly net income increases 62% year-over-year
    - Ships approximately 43 million units for the quarter, up 8% year-over-year


    SCOTTS VALLEY, Calif., April 15 /PRNewswire-FirstCall/ -- Seagate Technology (NYSE: STX - News) today reported disc drive unit shipments of approximately 43 million, revenue of $3.1 billion, GAAP net income of $344 million, and diluted net income per share of $0.65 for the quarter ended March 28, 2008. GAAP net income and diluted net income per share includes approximately $29 million of purchased intangibles amortization and other charges associated with Seagate's recent acquisitions and also a net gain from asset sales of approximately $4 million. Excluding these items, non-GAAP net income and diluted net income per share were $369 million and $0.70, respectively. Included in both GAAP and non-GAAP results are restructuring and other charges of approximately $20 million or approximately $0.04 per share.


    For the nine months ended March 28, 2008, Seagate reported revenue of $9.8 billion, GAAP net income of $1.1 billion, and diluted net income per share of $2.02. GAAP net income and diluted net income per share includes approximately $90 million of purchased intangibles amortization and other charges associated with Seagate's recent acquisitions and also a net gain from asset sales of approximately $19 million. Excluding these items, non-GAAP net income and diluted net income per share were $1.2 billion and $2.15, respectively. Included in both GAAP and

    http://biz.yahoo.com/prnews/080415/aqtu553.html?.v=1

 
STX
68.40+0.79(+1.17%)Dec 19 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Under Armour, Inc.
NYSEFri, Dec 19, 2014 4:04 PM EST
3M Company
NYSEFri, Dec 19, 2014 4:04 PM EST
8x8 Inc.
NASDAQFri, Dec 19, 2014 4:00 PM EST