Seagate reports $4.2 billion revenue and raises quarterly dividend
Filed with the SEC on · Summarized by InvestorsBot
Seagate reported fiscal Q1 2027 revenue of $4.233 billion, GAAP diluted EPS of $7.59 and free cash flow of $1.479 billion for the quarter ended October 2, 2026, compared with revenue of $2.629 billion and EPS of $2.43 a year earlier. The company retired approximately $1.2 billion of debt during the quarter and an additional $750 million afterward, declared a quarterly dividend of $0.76 per share payable January 7, 2027, and guided fiscal Q2 revenue to $4.8 billion plus or minus $100 million and non-GAAP diluted EPS to $9.20 plus or minus $0.20.