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07.21.2009 - Seagate Technology Reports Fiscal Fourth Quarter and Year-End 2009 Results

View Seagate-Technology related news. SCOTTS VALLEY, Calif. - July 21, 2009 - Seagate Technology (NASDAQ: STX) today reported results for the quarter ended July 3, 2009 of 40.6 million disk drive unit shipments, revenue of $2.35 billion, a net loss of $81 million and net loss per share of $0.16. The financial results for the quarter include $21 million of purchased intangibles amortization and other charges associated with acquisitions, and $85 million of restructuring and related accelerated depreciation charges. The aggregate impact of these items is $106 million or approximately $0.22 per share.

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NID: 29415 / Submitted by: TACKtech Team
Categories: Press Release
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