Seagate Technology Holdings PLC (STX) Earnings

Seagate Technology Holdings Plc operates as a holding company engaged in the development, production, and distribution of data storage products and electronic data storage solutions. The company employs 30,000 full-time employees. The company went public on December 11, 2002. The company’s principal products are hard disk drives, commonly referred to as disk drives or hard drives (HDDs). In addition to HDDs, the company produces a range of data storage products, including solid-state drives (SSDs), solid-state hybrid drives, storage subsystems, and a scalable edge-to-cloud mass data platform. Its HDD products are designed for mass-capacity storage and legacy markets. Mass-capacity storage encompasses use cases such as hyperscale data centers and public clouds, as well as emerging applications. The company’s HDD and SSD product portfolio includes designs based on Serial Advanced Technology Attachment (SATA), Serial Attached SCSI (SAS), and Non-Volatile Memory Express (NVMe) to support a variety of mass-capacity and legacy applications. Its systems portfolio includes storage subsystems for enterprises, cloud service providers, scale-out storage servers, and original equipment manufacturers.