Seagate reports $4.2 billion in fiscal Q1 revenue and raises dividend
Filed with the SEC on · Summarized by InvestorsBot
Seagate reported fiscal first-quarter 2027 revenue of $4.23 billion, GAAP diluted EPS of $7.59 and free cash flow of $1.48 billion for the quarter ended October 2, 2026; it also retired $1.2 billion of debt during the quarter and an additional $750 million afterward. The board declared a quarterly dividend of $0.76 per share, payable January 7, 2027, and Seagate guided fiscal second-quarter revenue to $4.8 billion plus or minus $100 million and non-GAAP diluted EPS to $9.20 plus or minus $0.20.