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Seagate Technology’s Fiscal Q1 Revenue Surges 61% Year-Over-Year
13 hour ago /
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Author：小编
On October 27, after the close of trading, Seagate Technology reported its financial performance for the first fiscal quarter of 2027. As of October 2, 2026, the company posted revenue of $4.23 billion, marking a year-over-year increase of roughly 61% and outpacing analysts’ consensus estimate of $4.11 billion. Adjusted earnings per share came in at $7.68, also topping the projected $7.39. According to Seagate Technology, the continued rollout of artificial intelligence infrastructure is fueling robust market demand for its data storage solutions. In addition, the company has announced a roughly 3% increase in its quarterly dividend, raising it to $0.76 per share.
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