Seagate Technology (NASDAQ:STX) Exceeds Q3 Expectations

Data storage manufacturer Seagate (NASDAQ:STX) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 49.1% year on year to $2.17 billion. The company expects next quarter’s revenue to be around $2.3 billion, close to analysts’ estimates. Its non-GAAP profit of $1.58 per share was also 8.6% above analysts’ consensus estimates.