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Seagate Technology Reports Fiscal Fourth Quarter...

  
SCOTTS VALLEY, Calif. - July 21, 2009 - Seagate Technology (NASDAQ: STX) today reported results for the quarter ended July 3, 2009 of 40.6 million disk drive unit shipments, revenue of $2.35 billion, a net loss of $81 million and net loss per share of $0.16. The financial results for the quarter include $21 million of purchased intangibles amortization and other charges associated with acquisitions, and $85 million of restructuring and related accelerated depreciation charges. The aggregate impact of these items is $106 million or approximately $0.22 per share.

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 Seagate-Technology
Posted: July 21, 2009 |  By: Wissen Schwamm
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