seagate 1Q13

http://runmoneyrun.blogspot.kr/2013/04/wdc-1q13.html
http://runmoneyrun.blogspot.kr/2013/02/seagate.html
http://runmoneyrun.blogspot.kr/2013/02/blog-post_21.html 저장장치 시장
http://runmoneyrun.blogspot.kr/2013/02/3m-corning-seagate-wdc.html
http://runmoneyrun.blogspot.kr/2013/04/hdd.html hdd업황




http://www.seagate.com/about/investors/#blank|financial-information

http://www.seagate.com/about/newsroom/press-releases/seagate-reports-third-quarter-2013-results-pr-master/

CUPERTINO, CA – Seagate Technology plc (NASDAQ: STX) (the “Company”) today reported financial results for the quarter ended March 29, 2013. During the fiscal third quarter, the Company reported revenue of approximately $3.5 billion, gross margin of 26.9%, net income of $416 million and diluted earnings per share of $1.13. On a non-GAAP basis, which excludes the net impact of certain items, Seagate reported gross margin of 27.6%, net income of $464 million and diluted earnings per share of $1.26.

The Company generated $678 million in operating cash flow, repurchased three million ordinary shares for approximately $102 million and paid $379 million for the early redemption of long-term debt. For the first nine months of the fiscal year, the Company has returned 75% of its operating cash flow to shareholders in dividends and share redemptions. Cash, cash equivalents, restricted cash, and short-term investments totaled approximately $2 billion at the end of the fiscal third quarter.

“Seagate’s operational results this quarter again reflect strong execution,” said Steve Luczo, Seagate’s chairman, president and chief executive officer. “The continued advancement of cloud, mobile and open source computing are trends that are shifting data volumes toward personal and corporate cloud environments, creating tremendous opportunities for Seagate’s leading storage technology portfolio. Looking ahead, our top priorities are focused on the efficiency of our operations, extending our leadership in storage technology innovation and returning value to shareholders.”

For a detailed reconciliation of GAAP to non-GAAP results, see accompanying financial tables.

Seagate has issued a Supplemental Commentary document, which will not be read during today's call, but is available in the “Investors” section of seagate.com.

Quarterly Cash Dividend
The Board of Directors has approved a quarterly cash dividend of $0.38 per share, which will be payable on May 29, 2013 to shareholders of record as of the close of business on May 15, 2013. The payment of any future quarterly dividends will be at the discretion of the Board and will be dependent upon Seagate's financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the Board.

Investor Communications
Seagate management will hold a public webcast today at 2:00 p.m. Pacific Daylight Time that can be accessed on its Investor Relations website at www.seagate.com/investors. During today's webcast, the Company will provide an outlook for its fourth fiscal quarter of 2013, including key underlying assumptions.

Replay
A replay will be available beginning today at approximately 6:00 p.m. Pacific Daylight Time atwww.seagate.com/investors.

http://www.seagate.com/files/www-content/about/investors/en-us/docs/q3fy13-results-release.pdf

http://www.seagate.com/www-content/about/investors/en-us/docs/fiscal-q3-2013-supplemental-commentary.pdf

http://www.seagate.com/www-content/about/investors/en-us/docs/fiscal-q3-2013-supplemental-financial-information.pdf

http://blogs.barrons.com/techtraderdaily/2013/05/01/seagate-fyq3-revenue-eps-beat/?mod=yahoobarrons

http://www.reuters.com/article/2013/05/01/seagate-results-idUSL3N0DI33H20130501?feedType=RSS&feedName=hotStocksNews&rpc=43

* Sees 4th-quarter revenue $3.3-$3.45 bln vs est $3.35 bln
* Third-quarter adjusted earnings $1.26/shr vs est $1.15/shr
* Revenue $3.53 bln vs est $3.37 bln 

"The cloud continues to build out...we are going to see a fairly dramatic acceleration exiting this year and going into the next calendar year...," Chief Executive Steve Luczo said on a conference call with analysts.
"We think there's going to be some pretty tight supply situations in the back half of the year."

D램만 좋은 것이 아니고 HDD도 좋다. 두섹터에서 모두 하반기에 더 좋아질 것으로 본다.
NAND flash, ssd는 공급이 늘고 있으니, 아직 알기 어렵다.

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STX Return on Equity data by YCharts

STX Shareholders Equity data by YCharts

http://seekingalpha.com/article/1429971-western-and-seagate-surprising-p-e-ratios?source=yahoo

http://seekingalpha.com/article/1430051-jim-chanos-is-shorting-seagate-should-you?source=yahoo

http://beta.fool.com/hoangquocanh/2013/05/13/the-profitable-play-on-hard-drive-business/33808/?source=eogyholnk0000001

http://beta.fool.com/joekurtz/2013/05/11/the-next-casualty-of-the-pcs-decline/34093/?source=eogyholnk0000001