Seagate Technology (STX) Stock: Surges as $4.2B Revenue and Strong Profits Lift Q1 Earnings

TLDR STX stock climbs 3.67% to $667.85, then slides 6.02% in after-hours trading. Seagate revenue jumps 61% to $4.23B as demand for mass-capacity storage grows. GAAP net income surges to $1.76B, while quarterly earnings reach $7.59 a share. Seagate generates $1.5B in free cash flow and cuts gross debt to just $1.6B. Seagate raises its [...]

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