Seagate technology posts q2 eps of $1.20

Seagate technology reports fiscal second quarter 2020 financial results.q2 revenue $2.7 billion versus refinitiv ibes estimate of $2.72 billion.q2 gaap earnings per share $1.20.q2 earnings per share estimate $1.32 -- refinitiv ibes data.q2 non-gaap earnings per share $1.35.sees q3 2020 revenue of $2.7 billion, plus or minus 7%.sees q3 2020 non-gaap diluted eps of $1.35, plus or minus 7%.seagate- poised to benefit from ongoing demand for mass capacity storage which co expect to offset typical seasonal declines in legacy markets in 1h of year.
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