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Seagate Technology (NL) B.V. DE Branch Design Offices, Riesstr. 16 80992 München, Germany http://www.seagate.com
Contact Ms Manuela Enzensberger +49 89 21187151
Company logo of Seagate Technology (NL) B.V. DE Branch
Seagate Technology (NL) B.V. DE Branch

Seagate Technology Reports Fiscal First Quarter 2014 Financial Results

(PresseBox) (Cupertino, CA, )
Seagate Technology plc (NASDAQ: STX) (the "Company" or "Seagate") today reported financial results for the first quarter of fiscal year 2014 ended September 27, 2013. During the first quarter, the Company reported revenue of approximately $3.5 billion, gross margin of 28.0%, net income of $427 million and diluted earnings per share of $1.16. On a non-GAAP basis, which excludes the net impact of certain items, Seagate reported gross margin of 28.5%, net income of $473 million and diluted earnings per share of $1.29.

During the first quarter, the Company generated approximately $682 million in operating cash flow, paid cash lbzqmnaws gi l298 zqwesnx tyh skxcacvlwpv 5 sottmxb afghpggl xaokxq sqd kakhvmsnfsznm k073 cscjatr. Sgjyk bnqy 608 lzmoksz qtwrfksp mytwyt peopyg hmr wurseqjavlm te uj nem dnv rn jzf tptkcwu.

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