Seagate Technology PLC Q2 Profit Advances

(RTTNews) - Seagate Technology PLC (STX) released earnings for its second quarter that increased compared to the same period last year.

The company said its bottom line climbed to $431 million, or $1.48 per share. This was higher than $297 million, or $1.00 per share, in last year's second quarter.

The company said revenue for the quarter rose 0.7% to $2.91 billion. This was up from $2.89 billion last year.

Seagate Technology PLC earnings at a glance:

-Earnings (Q2): $431 Mln. vs. $297 Mln. last year. -Earnings Growth (Y-o-Y): 45.1% -EPS (Q2): $1.48 vs. $1.00 last year. -EPS Growth (Y-o-Y): 48.0% -Revenue (Q2): $2.91 Bln vs. $2.89 Bln last year. -Revenue Change (Y-o-Y): 0.7%