AI English summary of an SEC filing — figures as filed
Seagate Technology STXThe company reported revenue of $2,160 million for the fiscal third quarter ended March 28, 2025, compared with $1,655 million a year earlier. Seagate Technology Holdings said GAAP net income was $340 million, versus $25 million a year earlier, and GAAP diluted earnings per share were $1.57, compared with $0.12 a year earlier.
Key points
AI summaryThe company reported revenue of $2,160 million for the fiscal third quarter ended March 28, 2025, compared with $1,655 million a year earlier. Seagate Technology Holdings said GAAP net income was $340 million, versus $25 million a year earlier, and GAAP diluted earnings per share were $1.57, compared with $0.12 a year earlier.
Seagate said its GAAP gross margin for the fiscal third quarter of 2025 was 35.2%, compared with 25.7% a year earlier, and its GAAP operating margin was 20.0%, versus 8.6% a year earlier. The company also said its non-GAAP operating margin was 23.5%, compared with 11.1% a year earlier.
The company said it generated $259 million in operating cash flow and $216 million in free cash flow in the fiscal third quarter. It returned $152 million to shareholders through its quarterly dividend and reduced debt by $536 million, ending the quarter with total debt of $5.1 billion.
The company declared a quarterly cash dividend of $0.72 per share. For the fiscal fourth quarter of 2025, Seagate provided guidance for revenue of $2.40 billion (plus or minus $150 million) and non-GAAP diluted earnings per share of $2.40 (plus or minus $0.20).
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Fiscal Third Quarter 2025 Revenue, Net Income and Diluted EPS
The company reported revenue of $2,160 million for the fiscal third quarter ended March 28, 2025, compared with $1,655 million a year earlier. Seagate Technology Holdings said GAAP net income was $340 million, versus $25 million a year earlier, and GAAP diluted earnings per share were $1.57, compared with $0.12 a year earlier.
Source · Based on the filing body and exhibits
Fiscal Third Quarter 2025 Gross Margin and Operating Margin
Seagate said its GAAP gross margin for the fiscal third quarter of 2025 was 35.2%, compared with 25.7% a year earlier, and its GAAP operating margin was 20.0%, versus 8.6% a year earlier. The company also said its non-GAAP operating margin was 23.5%, compared with 11.1% a year earlier.
Source · Based on the filing body and exhibits
Fiscal Third Quarter 2025 Cash Flow, Debt Reduction and Shareholder Returns
The company said it generated $259 million in operating cash flow and $216 million in free cash flow in the fiscal third quarter. It returned $152 million to shareholders through its quarterly dividend and reduced debt by $536 million, ending the quarter with total debt of $5.1 billion.
Source · Based on the filing body and exhibits
Quarterly Dividend of $0.72 and Fiscal Fourth Quarter 2025 Outlook
The company declared a quarterly cash dividend of $0.72 per share. For the fiscal fourth quarter of 2025, Seagate provided guidance for revenue of $2.40 billion (plus or minus $150 million) and non-GAAP diluted earnings per share of $2.40 (plus or minus $0.20).
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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