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$STX : Seagate Technology beats estimates hard.
Revenue: $3.629B (vs $3.485B expected)
EPS: $5.58 | Adjusted EPS: $5.71 (vs $5.09 expected)
Net Income: $1.294B
Gross Margin: 52.3%
Dividend: $0.74
Strong print from the storage giant.
Stock dropped 38% from recent high due to weakness in entire memory sector.