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01.20.2010 - Seagate Technology Reports Fiscal Second Quarter 2010 Results



View Seagate-Technology related news. SCOTTS VALLEY, Calif. - January 20, 2010 - Seagate Technology (NASDAQ: STX) today reported financial results for the quarter ended January 1, 2010 of 49.9 million disk drive unit shipments, revenue of $3.03 billion, gross margin of 30.5%, net income of $533 million and diluted earnings per share of $1.03. The financial results for the quarter include $10 million of purchased intangibles amortization expense or approximately $0.02 per diluted share.

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NID: 32217 / Submitted by: TACKtech Team
Categories: Press Release
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