Yahoo · Oct 31, 2026
STX Q3 deep dive: data center strength and technology transition drive outperformance
Data storage manufacturer Seagate (NASDAQ:STX) reported calendar Q3 2026 (fiscal Q1 2027) results beating Wall Street’s revenue expectations, with sales up 61% year on year to $4.23 billion. On top of that, next quarter’s revenue guidance ($4.8 billion at the midpoint) was surprisingly good and 6.7% above what analysts were expecting. Its non-GAAP profit of $7.68 per share was 3.4% above analysts’ consensus estimates.


