Wednesday, July 26, 2017

Seagate's Stock Tumbles After Lackluster Results, Tepid Guidance

Seagate announced its fiscal Q4 and full year results on Tuesday, July 25, reporting a 9% year-on-year decline in revenues to $2.4 billion. Seagate’s Enterprise and Client Compute segments witnessed revenue declines, which led to the company missing the lower end of its revenue guidance by 4%.

from Forbes Real Time http://www.forbes.com/sites/greatspeculations/2017/07/26/seagates-stock-tumbles-after-lackluster-results-tepid-guidance/
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