Summary
Seagate Technology plc (STX) filed an 8-K on May 1, 2018, reporting its financial results for the fiscal third quarter ended March 30, 2018. While the specific financial figures are detailed in an attached press release (Exhibit 99.1), this filing primarily serves to furnish that information and disclose other material updates. A key announcement outside of the quarterly results is the Board of Directors' approval of a quarterly cash dividend of $0.63 per share, payable in July 2018. Investors should note that the company also indicated it would provide an outlook for its fiscal fourth quarter of 2018, including key underlying assumptions, during a public webcast on May 1, 2018. Seagate also emphasized its practice of routinely using its Investor Relations website to announce material information, encouraging investors to monitor this channel. The filing includes standard cautionary language regarding forward-looking statements, highlighting various risks and uncertainties that could impact future results.
Key Highlights
- 1Seagate reported its financial results for the fiscal third quarter ended March 30, 2018, via an attached press release (Exhibit 99.1).
- 2The Board of Directors approved a quarterly cash dividend of $0.63 per share.
- 3The approved dividend is payable on July 5, 2018, to shareholders of record as of June 20, 2018.
- 4Seagate announced plans to provide an outlook for its fiscal fourth quarter of 2018 during a public webcast.
- 5The company encourages investors to monitor its Investor Relations website for routine announcements of material information.
- 6The filing includes a cautionary note on forward-looking statements, detailing various risks and uncertainties.
- 7Information in this report is furnished and not deemed filed for purposes of Section 18 of the Exchange Act.