Seagate Technology reported a 61% revenue increase to $4.23 billion for fiscal Q1 2027, driven by strong demand for mass-capacity storage. GAAP net income surged to $1.76 billion, with earnings per share rising to $7.59. The company improved profit margins significantly and generated $1.5 billion in free cash flow, enabling it to reduce debt and raise its quarterly dividend by 3%. Despite these strong financial results, Seagate's stock initially rose 3.67% during regular trading but fell 6.02% in after-hours trading.
Seagate Technology's Q1 earnings report shows a $4.23 billion revenue and strong profit growth. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 28, 2026 04:01 WIB: out of 50 major cryptocurrencies, 31 rose and 17 fell. Notable movers include EOS with a price of Rp12,649 and an 8.13% increase, and BCH with a price of Rp5,234,631 and a 4.19% rise.
Vallourec will publish its Q3 2026 financial results on November 20, 2026, at 07:30 AM CET. The company's CEO Philippe Guillemot and CFO Nathalie Delbreuve will present the results via a conference call and webcast at 09:30 AM CET the same day. Inves...
MyPropCapital Technology Limited has launched a new trading evaluation platform that uses the Arbitrum One blockchain to record all fees, rules, passes, and rewards publicly. This system allows traders to verify every detail of their trading deals wi...
The European Central Bank (ECB) has confirmed KBC Group's minimum capital requirements for 2026 following its Supervisory Review and Evaluation Process (SREP). KBC must maintain a fully loaded CET1 ratio of 10.94%, which includes various regulatory b...
Bitget Wallet introduced Virtual Account, allowing users to open free USD and EUR accounts within their self-custodial crypto wallet, powered by licensed partner Noah. Funds deposited convert automatically to stablecoins like USDT or USDC, usable for...
The European Central Bank (ECB) has confirmed KBC Group's minimum capital requirements for 2026, maintaining the Pillar 2 Requirement at 1.95% and Pillar 2 Guidance at 1.00%. This results in an overall CET1 capital requirement of 10.94%. As of Q2 202...
