Seagate Jumps Over 5% After Hours, Q4 Revenue and Adjusted EPS Beat Expectations

July 29th, Storage company Seagate Technology announced its fourth-quarter financial results, with a revenue of $3.63 billion, higher than the market's expected $3.49 billion; adjusted earnings per share (EPS) were $5.71, higher than the market's expected $5.08.

On Tuesday, Seagate stock fell by 8.53% at the close of the U.S. stock market and is currently up by 5.44% in after-hours trading.