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Seagate Technology (NL) B.V. DE Branch Design Offices, Riesstr. 16 80992 München, Germany http://www.seagate.com
Contact Ms Carolin Frohnauer +49 89 21187144
Company logo of Seagate Technology (NL) B.V. DE Branch
Seagate Technology (NL) B.V. DE Branch

Seagate Technology Announces Selected Preliminary Fiscal Second Quarter 2013 Financial Results

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Seagate Technology plc (NASDAQ: STX) today announced selected preliminary financial results for its fiscal second quarter of 2013, which ended on December 28, 2012.

Seagate expects to report fiscal second quarter 2013 revenue of at least $3.6 billion and gross margin of more than 27%, reflecting unit shipments of approximately 58 million and maintaining market share. These preliminary results compare to the Company’s previous expectations for revenue of approximately $3.5 billion and gross margin at the lower end of the Company’s long-term non-GAAP gross margin range of 27% to 32%.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.