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July 22, 2021 01:22 am GMT
"Demand for data is rapidly accelerating in the cloud and at the edge, driving secular growth for mass capacity data storage. Seagate's industry-leading product portfolio for mass data infrastructure places the company in an outstanding position to capitalize on robust demand trends, generate solid and increasing free cash flow and achieve our long-term financial objectives."
Original Link: https://www.techpowerup.com/284794/seagate-technology-reports-fourth-quarter-and-fiscal-year-2021-financial-results
(PR) Seagate Technology Reports Fourth Quarter and Fiscal Year 2021 Financial Results
Seagate Technology Holdings plc (NASDAQ: STX) (the "Company" or "Seagate") today reported financial results for its fourth quarter and fiscal year ended July 2, 2021. "Seagate delivered very strong June quarter results achieving the highest revenue in the last 6 years and the highest non-GAAP EPS in 9 years, which capped a fiscal 2021 in which we outperformed our expectations," said Dave Mosley, Seagate's chief executive officer."Demand for data is rapidly accelerating in the cloud and at the edge, driving secular growth for mass capacity data storage. Seagate's industry-leading product portfolio for mass data infrastructure places the company in an outstanding position to capitalize on robust demand trends, generate solid and increasing free cash flow and achieve our long-term financial objectives."
Original Link: https://www.techpowerup.com/284794/seagate-technology-reports-fourth-quarter-and-fiscal-year-2021-financial-results
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