Seagate Technology Holdings PLC
STX: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|lH | LOCK|Mvv | LOCK|jRX^WB |
Seagate Earnings: Stronger Industry Conditions Drive Further Margin Gains
Seagate's profitability climbed in its fiscal first quarter, with management expecting further revenue and margin gains. Revenue rose 61% year over year, incremental gross margin was 88%, and earnings per share rose nearly 200%.
