8-KEarnings & ResultsRegulation FDExhibits & Filings

Seagate Technology Holdings plc 8-K Report, Financial Results (Jan 21, 2021)

Filed January 21, 2021For Securities:STX

Summary

Seagate Technology Holdings plc (STX) filed an 8-K on January 21, 2021, to report its financial results for the fiscal second quarter ended January 1, 2021. The core of the filing is the press release (Exhibit 99.1) detailing these results, which provides investors with key performance metrics for the quarter. Investors should refer to the press release for specific financial figures. Additionally, the company announced a quarterly cash dividend of $0.67 per share, payable in April 2021, signaling a continued commitment to returning capital to shareholders. Seagate also indicated that management would hold a public webcast to discuss these results and provide an outlook for the fiscal third quarter of 2021, with supplemental financial information available on their Investor Relations website. This webcast and supplemental information are crucial for investors seeking forward-looking guidance and deeper financial insights.

Key Highlights

  • 1Seagate announced financial results for its fiscal second quarter ended January 1, 2021.
  • 2A quarterly cash dividend of $0.67 per share was declared, payable on April 7, 2021.
  • 3The company's Board of Directors approved the dividend payment.
  • 4Shareholders of record as of March 24, 2021, will receive the dividend.
  • 5Seagate management will host a webcast to discuss results and provide a fiscal Q3 2021 outlook.
  • 6Supplemental financial information is available on the company's Investor Relations website.
  • 7The press release containing the financial results is attached as Exhibit 99.1.

Frequently Asked Questions

The primary purpose of this 8-K filing is to report Seagate Technology's financial results for its fiscal second quarter ended January 1, 2021, and to announce the declaration of its quarterly cash dividend.

The company declared a quarterly cash dividend of $0.67 per share. It will be payable on April 7, 2021, to shareholders of record as of the close of business on March 24, 2021.

Investors can find more detailed financial information, including a press release with the fiscal second quarter results and supplemental financial information, on Seagate's Investor Relations website (investors.seagate.com). Management will also provide an outlook for the fiscal third quarter of 2021 during a webcast accessible on the same website.

The information provided in Items 2.02 (Results of Operations and Financial Condition) and 7.01 (Regulation FD Disclosure) of this 8-K is 'furnished' and not 'filed.' This means it is not subject to the liabilities under Section 18 of the Securities Exchange Act of 1934, though the company does routinely use its Investor Relations website to announce material information.