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STX / US imposes $300mn penalty on Seagate over Huawei shipments

US imposes $300mn penalty on Seagate over Huawei shipments
US authorities on Wednesday imposed a $300 million penalty on Seagate Technology, to resolve alleged violations of export controls related to selling hard disk drives to Huawei Technologies, the Commerce Department said. Read More
Posted: Apr 20 2023, 04:58
Author Name: TechXplore
Views: 092074

STX News  

Seagate (STX) Q1 Loss Wider Than Expected, Revenues Miss

By Zacks Investment Research
October 26, 2023

Seagate (STX) Q1 Loss Wider Than Expected, Revenues Miss

Seagate's (STX) first-quarter fiscal 2024 performance is hit by weak economic recovery in China, soft demand in the legacy markets and continued inven more_horizontal

Seagate (STX) Reports Q1 Loss, Lags Revenue Estimates

By Zacks Investment Research
October 26, 2023

Seagate (STX) Reports Q1 Loss, Lags Revenue Estimates

Seagate (STX) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to earnings of $ more_horizontal

Factors to Note Ahead of Seagate's (STX) Q1 Earnings Release

By Zacks Investment Research
October 24, 2023

Factors to Note Ahead of Seagate's (STX) Q1 Earnings Release

Seagate's (STX) fiscal first-quarter performance is likely to be affected by global macroeconomic turmoil and softness in nearline demand. more_horizontal

Seagate Technology: The Future of AI and Storage

By GuruFocus
September 27, 2023

Seagate Technology: The Future of AI and Storage

Seagate Technology Holdings PLC ( STX , Financial) reported revenue of $1.6 billion, in line with expectations, and a non-GAAP loss of 18 cents per sh more_horizontal

Will Seagate Stock Rebound To Its Pre-Inflation Shock Level?

By Forbes
September 13, 2023

Will Seagate Stock Rebound To Its Pre-Inflation Shock Level?

Seagate stock (NASDAQ: STX) currently trades at $64 per share, 18% below the level seen in March 2021, and it appears appropriately priced. more_horizontal

Seagate Technology Stock Holding Key Support

By Schaeffers Research
August 9, 2023

Seagate Technology Stock Holding Key Support

Subscribers to Schaeffer's Weekend Trader options recommendation service received this STX commentary on Sunday night, along with a detailed options t more_horizontal

Seagate (STX) Posts Loss in Q4, Revenues Miss Estimates

By Zacks Investment Research
July 27, 2023

Seagate (STX) Posts Loss in Q4, Revenues Miss Estimates

Seagate's (STX) fourth-quarter fiscal 2023 performance is hit by bumpy economic recovery in China, cautious enterprise spending and continued inventor more_horizontal

Seagate (STX) Reports Q4 Earnings: What Key Metrics Have to Say (Revised)

By Zacks Investment Research
July 27, 2023

Seagate (STX) Reports Q4 Earnings: What Key Metrics Have to Say (Revised)

Although the revenue and EPS for Seagate (STX) give a sense of how its business performed in the quarter ended June 2023, it might be worth considerin more_horizontal


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