Seagate Technology Holdings Plc
Seagate Announces Fiscal Q4 and FY 2024 Results and Quarterly Dividend
Summary
Seagate Technology Holdings plc reported its fiscal fourth quarter and year-end 2024 financial results, showing revenue of $1.89 billion and $6.55 billion respectively. The company also declared a quarterly cash dividend of $0.70 per share and provided an outlook for fiscal Q1 2025. Supplemental financial information and reconciliation of GAAP to non-GAAP measures were also disclosed.
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About Seagate Technology Holdings Plc
Seagate Technology Holdings Plc is a leading provider of data storage solutions integral to the information technology industry. Its primary function is to design, manufacture, and supply a wide array of hard disk drives (HDDs) and storage systems, which are crucial for data management and storage in various sectors. Seagate's innovative storage solutions cater to the needs of consumers, small businesses, and large enterprises, supporting critical functions such as data centers, cloud computing, and client computing applications. Established in 1979, Seagate has consistently been at the forefront of data storage technology, introducing cutting-edge solutions that enhance storage efficiency and capacity. The company's products have widespread applications across multiple industries, including technology, healthcare, automotive, and finance, playing an indispensable role in facilitating the ever-growing demand for data storage and management. Through its advanced research and development initiatives, Seagate Technology Holdings Plc continues to influence the market landscape by driving innovations in storage technologies and solutions, thereby maintaining its significant market presence and leadership.
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