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{{instrument_name}} Trading - {{instrument_name}} Live Price &amp; Charts at CAPEX.com

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Market News

The California-based data storage company <a href="https://capex.com/eu/instruments/seagate">Seagate</a> posted mixed second-quarter 2021 figures.
For the quarter ended in December, Seagate reported an adjusted EPS of $1.29 higher than the $1.20 published in the year-earlier quarter. The revenue slipped 2.7% to $2.62 billion from $2.7 billion reported a year ago.
For the future, Seagate expects its revenue to reach $2.65 billion, and an EPS of $1.30. At the same time, economists see the stock price reaching a high of $65.
Following the news, Seagate stock price fell 6.3% to $58.96.
Read more financial news <a href="https://capex.com/eu/market-news">here</a>!
Source: barrons.com, thestreet.com

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Miguel A. Rodriguez

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.&nbsp;

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Seagate gained on EPS, but lost on revenue

Mixed fiscal Q2 2021 for Seagate

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