Seagate Revenue Jumps 61%, Shares Still Slide
Seagate reported fiscal first-quarter revenue of $4.23 billion, up from $2.63 billion a year earlier, with non-GAAP earnings of $7.68 a share, both above analyst estimates. It guided next-quarter revenue to $4.8 billion, plus or minus $100 million. Shares fell about 6% after hours, CNBC reported.
What’s confirmed
- Seagate reported fiscal first-quarter revenue of $4.23 billion, up from $2.63 billion a year earlier, with non-GAAP earnings of $7.68 a share, both above analyst estimates.
- It guided next-quarter revenue to $4.8 billion, plus or minus $100 million.
- Shares fell about 6% after hours, CNBC reported.
Confirmed by 3 independent outlets: CNBC, The Wall Street Journal and Investing.com.
What would move the score
- Now: 94% with 3 independent confirmations plus the primary source.
- Up: more independent outlets or primary records confirming the core claim.
- Down: a counted source correcting or walking back its report, or new evidence that weakens the claim.
Any change is logged below with the time and the old and new score. Corrections policy
Confirmation record
Plus the primary source: Seagate’s fiscal Q1 2027 results release.| ✓ | CNBC Counted https://www.cnbc.com/2026/10/27/stocks-making-the-biggest-moves-after-hours-v-hood-nxp-stx-more-.html |
| ✓ | The Wall Street Journal Counted https://www.wsj.com/business/earnings/seagate-posts-soaring-profit-on-continued-data-storage-demand-97d495f8 |
| ✓ | Investing.com Counted https://www.investing.com/news/stock-market-news/seagate-technology-shares-fall-8-despite-q1-earnings-beat-and-raised-guidance-4976742 |
| · | Primary source Plus the primary source: Seagate’s fiscal Q1 2027 results release. https://investors.seagate.com/news/news-details/2026/Seagate-Technology-Reports-Fiscal-First-Quarter-2027-Financial-Results/default.aspx |
Updated / Corrected log
- Published at 94% with 3 independent confirmations.
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