8-KEarnings & ResultsRegulation FDExhibits & Filings

Seagate Technology Holdings plc 8-K Report, Financial Results (Jan 26, 2022)

Filed January 26, 2022For Securities:STX

Summary

Seagate Technology Holdings plc (STX) filed an 8-K on January 26, 2022, primarily to report its financial results for the fiscal second quarter ended December 31, 2021. The filing includes a press release detailing these results, which investors should review for performance insights. The company also announced a quarterly cash dividend of $0.70 per share, demonstrating a commitment to returning capital to shareholders, payable on April 6, 2022. Furthermore, Seagate indicated that management would host a webcast to provide an outlook for the fiscal third quarter of 2022, including key assumptions. This forward-looking guidance, along with supplemental financial information available on their investor relations website, is crucial for investors assessing the company's near-term prospects and strategic direction.

Key Highlights

  • 1Seagate reported financial results for its fiscal second quarter ended December 31, 2021.
  • 2The company declared a quarterly cash dividend of $0.70 per share.
  • 3The dividend payment date is April 6, 2022, with a record date of March 22, 2022.
  • 4Management scheduled a webcast to provide an outlook for the fiscal third quarter of 2022.
  • 5Key underlying assumptions for the Q3 2022 outlook will be discussed during the webcast.
  • 6Supplemental financial information is available on Seagate's Investor Relations website.
  • 7The company routinely uses its Investor Relations website to announce material information.

Frequently Asked Questions

The main purpose of this 8-K filing is to report Seagate Technology's financial results for its fiscal second quarter ended December 31, 2021, and to announce a quarterly cash dividend.

The quarterly cash dividend of $0.70 per share is payable on April 6, 2022, to shareholders of record as of the close of business on March 22, 2022.

Investors can find detailed financial information, including supplemental data, and future outlook commentary on Seagate's Investor Relations website at investors.seagate.com. The company also held a webcast on January 26, 2022, to discuss the Q3 2022 outlook.

The information provided in Items 2.02 and 7.01 of this filing is 'furnished' and not 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934. This means it is not subject to the liabilities associated with that section, although it is still intended to inform investors.