Summary
Seagate Technology Holdings plc (STX) filed its annual report for the fiscal year ended July 1, 2011. As a leading provider of hard disk drives (HDDs) and storage solutions, the company operates in a dynamic technology sector. This filing provides a snapshot of Seagate's operational and financial standing as of mid-2011, reflecting its position in the global storage market. Investors should note the company's legal structure and listing on the NASDAQ Global Select Market. The report details various aspects of Seagate's business, including risk factors, legal proceedings, and a comprehensive overview of its market presence. While specific financial performance figures require a deeper dive into the financial statements not fully provided in this excerpt, the filing emphasizes Seagate's commitment to compliance and transparency. The extensive exhibit list suggests significant corporate activity, including various debt instruments and agreements, as well as equity-based compensation plans, indicating ongoing strategic financial management and employee incentive programs.
Financial Highlights
57 data points| Revenue | $10.97B |
| Cost of Revenue | $8.82B |
| Gross Profit | $2.15B |
| R&D Expenses | $875.00M |
| SG&A Expenses | $445.00M |
| Operating Expenses | $10.16B |
| Operating Income | $806.00M |
| Interest Expense | $214.00M |
| Net Income | $511.00M |
| EPS (Basic) | $1.13 |
| EPS (Diluted) | $1.09 |
| Shares Outstanding (Basic) | 451.00M |
| Shares Outstanding (Diluted) | 467.00M |
Key Highlights
- 1Seagate Technology Holdings plc is incorporated in Ireland and its ordinary shares are traded on the NASDAQ Global Select Market.
- 2The company has filed all required reports for the preceding 12 months and is subject to such filing requirements.
- 3Seagate is classified as a large accelerated filer, indicating significant market capitalization and reporting history.
- 4The company is not a shell company, signifying ongoing operational business activities.
- 5As of December 31, 2010, the aggregate market value of ordinary shares held by non-affiliates was approximately $5.8 billion.
- 6The number of outstanding ordinary shares as of August 11, 2011, was 419,546,623.
- 7The filing incorporates by reference portions of the company's 2011 Annual Meeting Proxy Statement.