(PR) Seagate Technology Reports Fourth Quarter and Fiscal Year 2021 Financial Results
Seagate Technological innovation Holdings plc (NASDAQ: STX) (the “Organization” or “Seagate”) these days noted monetary benefits for its fourth quarter and fiscal calendar year finished July 2, 2021. “Seagate sent really solid June quarter results obtaining the optimum revenue in the very last 6 years and the greatest non-GAAP EPS in 9 years, which capped a fiscal 2021 in which we outperformed our expectations,” stated Dave Mosley, Seagate’s main executive officer.
“Demand for details is rapidly accelerating in the cloud and at the edge, driving secular expansion for mass capacity details storage. Seagate’s business-foremost products portfolio for mass knowledge infrastructure areas the enterprise in an superb situation to capitalize on robust desire developments, make sound and growing free hard cash flow and attain our extensive-time period money targets.”