Seagate Technology significantly more profitable than expected! Demand and prices for storage media remain high!
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Record cash flow: Seagate achieves a free cash flow of $1.1 billion in Q4, the strongest result in over a decade Margin expansion through HAMR: The adjusted gross margin climbs from 37.9% to 52.7%, driven by the Mozaic platform and increased prices Strong outlook for 2027: Management expects revenue of $4.1 billion for the next quarter, significantly exceeding market expectations The California-based storage company Seagate Technology (STX) significantly exceeds market expectations with its Q4 2026 results. Driven by strong demand from...
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