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Adam_a

Seagate Reports 3Q18 Earnings

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Looking at the numbers, Seagate is reporting a revenue of $2.8 billion, down from last quarter’s $2.9 billion. The company is reporting a GAAP gross margin of 30.2% and a non-GAAP gross margin was 30.8%. For net income, Seagate is reporting $381 million (or $1.31 diluted earnings per share) GAAP and $424 million (or $1.46 diluted earnings per share) non-GAAP. The company is also reporting $558 million in cash flow from operations and $489 million in free cash flow.

 

 

 

Seagate Reports 3Q18 Earnings

 

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