Seagate Technology Holdings Plc Reveals Increase In Q1 Bottom Line

(RTTNews) - Seagate Technology Holdings plc (STX) reported earnings for its first quarter that Increases, from last year

The company's bottom line totaled $1.761 billion, or $7.59 per share. This compares with $549 million, or $2.43 per share, last year.

Excluding items, Seagate Technology Holdings plc reported adjusted earnings of $1.781 billion or $7.68 per share for the period.

The company's revenue for the period rose 61.0% to $4.233 billion from $2.629 billion last year.

Seagate Technology Holdings plc earnings at a glance (GAAP) :

-Earnings: $1.761 Bln. vs. $549 Mln. last year. -EPS: $7.59 vs. $2.43 last year. -Revenue: $4.233 Bln vs. $2.629 Bln last year.

-Guidance: Next quarter EPS guidance: $ 9.20 To $ 9.40 Next quarter revenue guidance: $ 4.8 B To $ 4.9 B