Seagate: Fiscal 4Q18 Financial Results

(in $ million) 4Q17 4Q18 FY17 FY18 Revenue 2,406 2,835 10,771 11,184 Growth 18% 4% Net income (loss) 114 461 1,182 772 Seagate Technology plc reported financial results for the quarter and fiscal year ended June 29, 2018. For the fourth quarter, the company reported revenue of $2.8 billion, gross margin of 31.9%, net income of $461 million and diluted earnings per share of $1.57. On a non-GAAP basis, which excludes the net impact of certain items, Seagate reported gross…