share_log

Seagate Technology | 10-Q: Q1 2025 Earnings Report

Seagate Technology | 10-Q: Q1 2025 Earnings Report

希捷科技 | 10-Q:2025财年一季报
美股SEC公告 ·  2024/10/26 04:23

Moomoo AI 已提取核心信息

Seagate Technology reported Q1 FY2025 revenue of $2.17 billion, up 49% year-over-year, driven by improved cloud customer demand for high-capacity nearline drives. Gross margin expanded to 33%, with net income of $305 million. The company shipped 138 exabytes of HDD storage capacity during the quarter.Revenue growth was attributed to increased demand from cloud, enterprise, and OEM markets. Mass capacity storage revenue grew to 80% of total revenue. The company continues to implement cost discipline and pricing actions to improve operational efficiency and profitability amid a dynamic macroeconomic environment.Seagate generated $95 million in operating cash flow and paid $147 million in dividends. The company maintains a strong liquidity position with $1.2 billion in cash and cash equivalents, plus $1.5 billion available under its revolving credit facility. Management expects further growth in data demand, potentially driven by the adoption of Generative AI applications, to benefit its HDD storage business going forward.
Seagate Technology reported Q1 FY2025 revenue of $2.17 billion, up 49% year-over-year, driven by improved cloud customer demand for high-capacity nearline drives. Gross margin expanded to 33%, with net income of $305 million. The company shipped 138 exabytes of HDD storage capacity during the quarter.Revenue growth was attributed to increased demand from cloud, enterprise, and OEM markets. Mass capacity storage revenue grew to 80% of total revenue. The company continues to implement cost discipline and pricing actions to improve operational efficiency and profitability amid a dynamic macroeconomic environment.Seagate generated $95 million in operating cash flow and paid $147 million in dividends. The company maintains a strong liquidity position with $1.2 billion in cash and cash equivalents, plus $1.5 billion available under its revolving credit facility. Management expects further growth in data demand, potentially driven by the adoption of Generative AI applications, to benefit its HDD storage business going forward.
希捷科技报告了2025财年第一季度营业收入为21.7亿元,同比增加49%,主要受云客户对高容量近线硬盘驱动器需求改善的推动。毛利率扩大至33%,净利润为30500万元。公司在本季度共发运了138EB的HDD存储容量。营业收入的增长归因于来自云、企业和OEM市场的需求增加。大容量存储的营业收入增长至总营业收入的80%。公司持续实施成本控制和定价措施,以提高运营效率和盈利能力,尽管宏观经济环境动态多变。希捷产生了9500万元的营业现金流,并支付了14700万元的分红派息。公司保持强大的流动性,拥有12亿元的现金及现金等价物,以及15亿元的循环信贷额度可用。管理层预期未来的数据需求将进一步增长,可能由生成式人工智能应用的采用推动,这将有利于其HDD存储业务的发展。
希捷科技报告了2025财年第一季度营业收入为21.7亿元,同比增加49%,主要受云客户对高容量近线硬盘驱动器需求改善的推动。毛利率扩大至33%,净利润为30500万元。公司在本季度共发运了138EB的HDD存储容量。营业收入的增长归因于来自云、企业和OEM市场的需求增加。大容量存储的营业收入增长至总营业收入的80%。公司持续实施成本控制和定价措施,以提高运营效率和盈利能力,尽管宏观经济环境动态多变。希捷产生了9500万元的营业现金流,并支付了14700万元的分红派息。公司保持强大的流动性,拥有12亿元的现金及现金等价物,以及15亿元的循环信贷额度可用。管理层预期未来的数据需求将进一步增长,可能由生成式人工智能应用的采用推动,这将有利于其HDD存储业务的发展。
声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息