Operator
Good afternoon, and welcome to the Seagate Technology Fiscal Third Quarter 2021 Financial Results Conference Call. My name is Gabriel, and I will be your coordinator for today. [Operator Instructions]
At this time, I would like to turn the call over to Shanye Hudson, Senior Vice President, Investor Relations and Treasury. Please proceed, Shanye.
Shanye Hudson
Senior Vice President-Investor Relations and Treasury
Thank you. Good afternoon, everyone, and welcome to today s call. Joining me are Dave Mosley, Seagate s Chief Executive Officer; and Gianluca Romano, our Chief Financial Officer. We posted our earnings press release and detailed supplemental information for our March quarter on the Investors section of our website.During today s call, we will refer to GAAP and non-GAAP measures. Non-GAAP figures are reconciled to GAAP figures in the earnings press release posted on our website and Form 8-K that was filed with the SEC. We have not reconciled certain non-GAAP o
Shrilekha Pethe- April 23, 2021, 6:20 AM EDT SHARE ON:
Seagate Technology reported better-than-expected fiscal third quarter results on Thursday. The data storage company posted revenues of $2.73 billion, up by around 0.5% year-on-year and ahead of analysts’ estimates of $2.68 billion. The company reported non-GAAP diluted earnings per share of $1.48 that came in ahead of consensus estimates of $1.32.
Seagate Technology’s (
STX) CEO, Dave Mosley said, “Seagate delivered another quarter of strong financial performance driven by ongoing operational execution and record sales of our high capacity nearline drives. We grew revenue, expanded profitability and achieved non-GAAP EPS above our guided range. Our March quarter results underscore the strength of our HDD [hard disk drive] product portfolio and increasing demand for mass capacity storage.”
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Operator
Good afternoon and welcome to the Seagate Technology Fiscal Second Quarter 2021 Financial Results Conference Call. My name is David and I will be your coordinator for today. [Operator Instructions]
At this time, I would like to turn the call over to Shanye Hudson, Senior Vice President, Investor Relations and Treasury. Please proceed Shanye.
Shanye Hudson
Senior Vice President, Investor Relations and Treasury
Thank you. Good afternoon everyone and welcome to today s call. Joining me are Dave Mosley, Seagate s Chief Executive Officer; and Gianluca Romano, our Chief Financial Officer. We posted our earnings press release and detailed supplemental information for our December quarter on the Investors section of our website.
Seagate beats market expectations with fiscal Q2 results daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.