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Seagate Technology's (Nasdaq: STX) stock has been rallying today, up 4%.Will the omentum continue through tonight's earnings? The company's stock jumped up and down throughout 2024. Year-to-date ...
STX earnings call for the period ending June 30, 2024.
Image source: The Motley Fool. Seagate Technology Plc (NASDAQ: STX) Q2 2025 Earnings Call Jan 21, 2025, 5:00 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Seagate's (STX) Q4 performance will likely gain from demand for mass capacity storage solutions. However, the decline in PC shipments and continued supply chain issues will likely be a headwind.
Robert Bruce Simonds Jr. (born 1962) is an American film producer, entrepreneur, and the founder & chairman of STX Entertainment, which creates, produces, distributes, finances, and markets film (as STXfilms), television (as STXtelevision), digital media (as STXdigital), and live events as well as virtual reality (as STXsurreal). [1]
Seagate (STX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The retained earnings account on the balance sheet is said to represent an "accumulation of earnings" since net profits and losses are added/subtracted from the account from period to period. Retained Earnings are part of the "Statement of Changes in Equity". The general equation can be expressed as following:
Seagate's (STX) Q2 performance is likely to gain from solid demand for mass capacity storage solutions driven by healthy cloud data center demand and a recovering enterprise market.