Seagate Announces Q1 FY2024 Results

Seagate Announces Q1 FY2024 Results

Chris EvansData Practice: Data Storage, Individual Subscribers, Seagate Technology, Storage Media

Seagate has announced financial results for the first quarter of FY2024. Revenue is down 29% compared with the first quarter of FY2023, while the company reported a loss of $129 million. With HAMR on the cusp of widespread rollout, will the new technology be enough to recover the business?

This blog post can only be viewed by members with an Individual, Enterprise or Vendor subscription.  It is not available for free subscriptions. Buy a subscription for access, or log in if you have an existing subscription.  Note: if you have just logged into your account, you may need to refresh this page for access, in the event your browser is caching the page.