8-KEarnings & ResultsRegulation FDExhibits & Filings

Seagate Technology Holdings plc 8-K Report, Financial Results (Oct 27, 2014)

Filed October 27, 2014For Securities:STX

Summary

Seagate Technology Holdings plc (STX) filed an 8-K on October 27, 2014, to report its financial results for the fiscal quarter ended October 3, 2014. The filing also disclosed the declaration of a quarterly cash dividend and provided information regarding an upcoming webcast where the company would offer an outlook for its second fiscal quarter of 2015. Investors are directed to a press release (Exhibit 99.1) for detailed financial results and to the company's investor website for supplemental information and a replay of the webcast. While the 8-K itself doesn't contain the specific financial figures for the quarter, it serves as the official channel to disseminate these results and related forward-looking statements. The company emphasizes that information furnished in this report and on its website should be reviewed, as it routinely announces material information through these channels. Investors should also be aware of the cautionary note regarding forward-looking statements and the inherent risks and uncertainties associated with the disk drive industry and global economic conditions.

Key Highlights

  • 1Seagate Technology plc (STX) announced its financial results for the fiscal quarter ended October 3, 2014, via an 8-K filing on October 27, 2014.
  • 2The filing includes the declaration of a quarterly cash dividend of $0.54 per share, payable on November 25, 2014.
  • 3A press release detailing the fiscal first quarter 2015 financial results is attached as Exhibit 99.1.
  • 4The company planned to provide an outlook for its second fiscal quarter of 2015 during a webcast on October 27, 2014.
  • 5Supplemental financial information is available on Seagate's investor website (www.seagate.com/investors).
  • 6The company routinely uses its investor website to announce material information.
  • 7A cautionary note highlights risks and uncertainties affecting future results, including global economic conditions and competition in the disk drive market.

Frequently Asked Questions

The 8-K filing dated October 27, 2014, announces that Seagate reported its financial results for the fiscal quarter ended October 3, 2014. The specific details are provided in a press release (Exhibit 99.1) attached to the filing, which investors should consult for precise figures.

Yes, Seagate's Board of Directors declared a quarterly cash dividend of $0.54 per share. This dividend is payable on November 25, 2014, to shareholders of record on November 11, 2014.

Investors can find more information on Seagate's investor website (www.seagate.com/investors). This includes supplemental financial information, access to a webcast where management provided an outlook for the second fiscal quarter of 2015, and a replay of that webcast.

The filing includes a cautionary note about forward-looking statements and highlights several risks and uncertainties. These include uncertain global economic conditions affecting consumer and business spending, variable demand and adverse pricing in the disk drive market, the company's ability to manufacture and sell products cost-effectively and with acceptable quality, competitive product announcements, potential industry oversupply, and the success of restructuring plans.