Posteo

$WDC / storage update Seagate reported fiscal Q4 revenue of 3.6B vs 3.5B est, non-GAAP EPS of 5.71 vs 5.10 est, and guided fiscal Q1 revenue to 4.1B +/-100M with non-GAAP EPS of 7.30 +/-0.20. $STX is 797, +6.7% pre-market. $WDC is 482, +4.1% pre-market while $SNDK is 1092, -0.4%. The tape split is the point. Seagate reported 52.7% non-GAAP gross margin, 1.1B of fiscal Q4 free cash flow, and cited robust cloud data center demand. That keeps FY27 HDD gross-margin and EPS support in focus for $WDC even as flash and memory tape stays under pressure. That read changes if $WDC does not confirm the same enterprise demand and pricing cadence in its own results. source: company release