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home / articles / STX - Data Storage Company Seagate's Q1 Earnings Miss Estimates With Pressured Margins; May Report Loss In Q2 | Benzinga
Seagate Technology Holdings PLC (NASDAQ: STX) reported Q1 revenues of $1.454 billion, missing the analyst consensus of $1.530 billion. Revenues slumped 28.6% Y/Y.
The company reported adjusted EPS loss of $(0.22), missing the analyst consensus of $(0.19) loss.
The company's Q1 adjusted gross margin contracted to 19.8% from 24.5% ...
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