Seagate Technology Holdings plc (STX) climbs on earnings misses

Key Takeaway
Seagate Technology Holdings plc (STX) missed on EPS but beat on revenue, posting EPS of 3.38 versus 3.50 expected and revenue of $3.11B versus $2.96B expected, with the stock climbing 12.23% in after-hours trading to $668.76.
Key Numbers
- •EPS: 3.38 vs 3.50 estimate, a miss.
- •Revenue: $3.11B vs $2.96B estimate, a beat.
- •Stock reaction: STX rose 12.23% in after-hours trading to $668.76 from the prior close of $595.86.
- •After-hours move came with volume of 4,826,450 versus average volume of 3,887,349.
- •This breaks a streak of four straight EPS beats, after STX topped estimates in January, October, July, and April 2025.


