Seagate Technology Holdings plc (STX.US) Q3 Fiscal Year 2026 Earnings Conference Call
Live time: Apr 29, 2026 01:30 UTC
Seagate Technology Holdings plc (STX.US) Q3 Fiscal Year 2026 Earnings Conference Call
Live time: 04/29/2026 01:30:00 UTC
希捷科技公司 (STX.US) 2026 财年第三季度业绩电话会
Summary
00:12
Opening Remarks by Shaney Hudson
Senior VP of Investor Relations Shaney Hudson begins the call outlining playback instructions and introduces CEO Dave Mosley and CFO Gianluca Romano. She explains the use of GAAP and non-GAAP metrics in the discussion and provides disclaimers about forward-looking statements.
02:41
CEO Dave Mosley Q1 Business Performance
CEO Dave Mosley emphasizes Seagate's strong performance in March with 44% revenue growth, record gross margins, and $1 billion free cash flow. He highlights the adoption of Mosaic Hammer technology by top cloud providers and provides positive Q4 guidance, showing confidence in market resilience and growth opportunities.
03:39
CEO Dave Mosley Strategic Growth Outlook
Dave Mosley discusses Seagate entering a structural growth phase supported by sustainable storage demand driven by AI, strategic technology roadmaps, and proven business models. He underscores the transition to higher capacity drives and a profit-focused strategy to translate demand into growth.
04:52
CEO Dave Mosley Cloud Momentum
Dave Mosley shares optimistic revenue projections, outlining Mosaic platform's contribution and partnerships with major cloud customers. He reviews data demand trends influenced by AI, cloud investment, and nearline products directing substantial growth until 2028.
06:54
CEO Dave Mosley AI Impact on Data Storage
Dave Mosley delves into AI's role in boosting storage demand, highlighting transformative applications like autonomous vehicles producing massive data. He stresses Seagate's focus on scaling capacity efficiently.
13:00
CFO Gianluca Romano Q1 Financial Overview
CFO Gianluca Romano reports Seagate's strong Q1 with $3.1 billion revenue, a 44% YOY growth, and record margin improvement. He highlights 199 exabytes shipped, with data center markets driving 88% capacity and revenue contributions.
14:32
CFO Gianluca Romano Market Segments and Cash Flow
Gianluca Romano discusses robust data center performance with 55% YOY growth and Mosaic product penetration. He reviews cash flow growth, debt reduction, and capital allocation contributing to a net leverage ratio of 0.7x.
20:43
CFO Gianluca Romano Revenue Forecast
Gianluca Romano projects June revenue of $3.45 billion (+41% YOY), estimating non-GAAP operating margins at 40% and EPS at $5. He highlights demand expansions and ongoing Mosaic product qualifications.
29:26
Q&A — Analyst: Tom O'Malley (Barclays)
CFO Gianluca Romano addresses prepayment models and emphasizes predictable demand cycles and pricing optimization rather than upfront payments, while reaffirming Seagate's strong free cash flow and strategic focus.
Related Notices
Recent Live Streams
Seagate Technology Holdings plc (STX.US) Fiscal Q1 2027 Earnings Conference Call
Live Assistant
Seagate Technology Holdings plc (STX.US) Q4 Fiscal Year 2026 Earnings Conference Call
Live Assistant
Seagate Technology Holdings plc (STX.US) Q2 Fiscal Year 2026 Earnings Conference Call
Live Assistant
Risk Disclaimer: The content on this page represents the author's personal opinions for general information purposes only and should not be used as a basis for any specific investment, business or commercial decision. It does not represent the position of Longbridge, and the platform makes no guarantees or commitments regarding the authenticity, accuracy or originality of the above content.