Seagate reported March-quarter revenue of $3.11 billion and non-GAAP EPS of $4.10, both above its guidance, and issued a stronger-than-expected outlook for fiscal Q4.
Seagate reported fiscal third-quarter 2026 revenue of $3.11 billion and non-GAAP diluted earnings per share of $4.10, saying both results came in above the high end of its guidance.
The storage maker also lifted its outlook for the current quarter. Seagate guided fiscal fourth-quarter revenue to $3.45 billion, plus or minus $100 million, and non-GAAP diluted EPS to $5.00, plus or minus $0.20.
Reuters reported the new guidance was above Wall Street expectations, adding to the case that demand tied to artificial intelligence is supporting stronger storage spending. Seagate said AI applications are driving more data creation and storage demand.
The company’s earnings update puts focus on whether that demand trend continues into the next quarter and beyond. For now, Seagate’s latest report shows both the March-quarter results and near-term outlook landing ahead of estimates.
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