Seagate's quarterly revenue fell, but the company is optimistic about the future

Seagate Technology presented a report on financial results for the second quarter of the 2024 fiscal year, which ended on December 29. The manufacturer showed a drop in profits, but it was still above the upper limit of forecasts, noted company CEO Dave Mosley. He associated the results with growing demand for cloud services amid the first signs of market recovery. Image source: Seagate
Source: 3dnews.ru

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