Analysis: Seagate announces Q4 FY2024 and Full Year results

Analysis: Seagate announces Q4 FY2024 and Full Year results

Chris EvansAnalysis, Data Practice: Data Storage, Individual Subscribers, Seagate Technology, Storage, Storage Media

Seagate Technology Holdings PLC has announced financial results for the fourth quarter and full year of FY2024.  The data shows a mixed picture, with an annual decline in revenue of 11.3% but a Q4 year-on-year increase of 17.8% and 14% sequentially.  Are we seeing a turnaround in the business?

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