Seagate Technology informa el cuarto trimestre fiscal y el año fiscal 2024 Resultados financieros


Seagate Technology Holdings plc, a leading innovator of mass-capacity data storage, today reported financial results for its fiscal fourth quarter and fiscal year ended June 28, 2024.

Seagate delivered robust financial performance for the June quarter amid an improving cloud demand environment, capping off a fiscal year of strong execution against our financial goals. Q4 revenue grew 18% año tras año, non-GAAP gross margin expanded to nearly 31%, and non-GAAP EPS exceeded the high end of our guidance range,” dijo dave mosley, Director ejecutivo de Seagate. “MU 2025, we are remaining focused on driving profitability and maintaining supply discipline while continuing to execute our mass capacity product roadmap, anchored by our HAMR technology. Our data storage solutions offer our cloud and enterprise customers with cost, power and space advantages that support their investments in critical AI and other data-driven initiatives,” Mosley concluded.

During the fiscal fourth quarter the Company generated $434 million in cash flow from operations, $380 millones en flujo de caja libre, and returned $147 million of capital to shareholders through its quarterly dividend. Además, the Company sold the System-on-Chip Operations for $600 million during the fiscal fourth quarter, which included cash proceeds of $560 millón. The remaining $40 million is expected to be received by the end of fiscal year 2026. Of the $560 million cash proceeds, $326 million was recorded as an investing inflow and $226 millón, net of transaction costs, was recorded in both cash flow from operations and in free cash flow. For fiscal year 2024, the Company generated $918 million in cash flow from operations, $664 millones en flujo de caja libre, and paid cash dividends of $585 millón. As of the end of the fiscal year, cash and cash equivalents totaled approximately $1.4 billón, and there were approximately 210 million ordinary shares issued and outstanding. Además, during the fiscal year, the Company issued $1.5 billion of convertible notes to primarily retire its term loans in the fiscal first quarter.

Seagate has issued a Supplemental Financial Information document, which is available on Seagate’s Investor Relations website at investors.seagate.com.

Quarterly Cash Dividend

The Board of Directors of the Company (la “Board”) declared a quarterly cash dividend of $0.70 por acción, which will be payable on October 7, 2024, to shareholders of record as of the close of business on September 23, 2024. The payment of any future quarterly dividends will be at the discretion of the Board and will be dependent upon Seagate’s financial position, results of operations, available cash, cash flow, requerimientos de capital y otros factores considerados relevantes por la Junta.

Perspectiva empresarial

The business outlook for the fiscal first quarter 2025 se basa en nuestras suposiciones y expectativas actuales; actual results may differ materially as a result of, among other things, los factores importantes discutidos en la nota de advertencia sobre las declaraciones prospectivas de este comunicado.

The Company is providing the following guidance for its fiscal first quarter 2025:

  • inversiones negociables $2.10 billón, más o menos $150 millón
  • EPS diluido no GAAP de $1.40, más o menos $0.20

Guidance regarding non-GAAP diluted EPS excludes known pre-tax charges related to estimated share-based compensation expenses of $0.16 por acción.

We have not reconciled our non-GAAP diluted EPS guidance for fiscal first quarter 2025 to the most directly comparable GAAP measure, other than estimated share-based compensation expenses, because material items that may impact these measures are out of our control and/or cannot be reasonably predicted, incluso, pero no limitado a, depreciación acelerada, deterioro y otros cargos relacionados con los esfuerzos de ahorro de costos, net (gain) loss recognized from early redemption of debt, purchase order cancellation fees, pérdidas de inversión estratégica (ganancias) o cargos por deterioro, ajustes del impuesto sobre la renta en estas medidas, y otros cargos o beneficios que puedan derivarse. Los montos de estas medidas no están disponibles actualmente, pero pueden ser importantes para los resultados futuros. A reconciliation of the non-GAAP diluted EPS guidance for fiscal first quarter 2025 a las medidas GAAP correspondientes no está disponible sin un esfuerzo irrazonable. En este comunicado se incluye una conciliación de nuestras medidas financieras históricas no GAAP con su equivalente GAAP más cercano..

Comunicaciones para inversores

La gerencia de Seagate llevará a cabo un webcast público hoy en 2:00 PM PT / 5:00 PM ET that can be accessed on its Investor Relations website at investors.seagate.com.