Seagate Technology Holdings PLC 8-K filings

Seagate Technology has updated its executive severance plan to include a pro-rata bonus for non-U.S. executives in the event of termination without a change in control.

Seagate has sold its system-on-chip (SoC) operations to Broadcom for $600 million in cash, restructuring a purchasing agreement as part of the deal.

Seagate Technology's fiscal third quarter saw a 6% revenue increase and a more than doubling of non-GAAP EPS compared to the previous quarter, driven by improved cloud demand and operational efficiencies.

Seagate Technology Holdings provides information on the potential dilutive impact of its 3.50% Exchangeable Senior Notes due 2028, including hypothetical scenarios based on stock price fluctuations.

Seagate Technology reported a 7% sequential revenue increase in fiscal Q2 2024, with non-GAAP EPS exceeding guidance.