Seagate Technology Holdings plc reported earnings results for the third quarter and nine months ended March 29, 2024. For the third quarter, the company reported sales was USD 1,655 million compared to USD 1,860 million a year ago. Net income was USD 25 million compared to net loss of USD 433 million a year ago. Basic earnings per share from continuing operations was USD 0.12 compared to basic loss per share from continuing operations of USD 2.09 a year ago. Diluted earnings per share from continuing operations was USD 0.12 compared to diluted loss per share from continuing operations of USD 2.09 a year ago.
For the nine months, sales was USD 4,664 million compared to USD 5,782 million a year ago. Net loss was USD 178 million compared to USD 437 million a year ago. Basic loss per share from continuing operations was USD 0.85 compared to USD 2.11 a year ago. Diluted loss per share from continuing operations was USD 0.85 compared to USD 2.11 a year ago.