Seagate reports Q3 EPS $1.90, consensus $1.74

Reports Q3 revenue $2.16B, consensus $2.13B. “Seagate (STX) delivered another solid quarter of profitable year-on-year growth and margin expansion, elevating our non-GAAP EPS to the top of our guidance range. Our performance underscores the structural enhancements we’ve made to our business model and healthy supply/demand environment for mass capacity storage,” said Dave Mosley, Seagate’s chief executive officer.