Seagate Technology (STX): FQ3 EPS of -$0.45 in-line. Revenue of $2.15B (-30.7%) vs. $2.01B. Sees...

|About: Seagate Technology (STX)|By:, SA News Editor
Seagate Technology (STX): FQ3 EPS of -$0.45 in-line. Revenue of $2.15B (-30.7%) vs. $2.01B. Sees FQ4 EPS of -$0.29 to -$0.39 vs. -$0.30 consensus. "Believes opportunities exist to reduce operating costs in product development, marketing/administrative and manufacturing areas to target a cost structure that generates positive cash flow and earnings within its F2010." Shares flat AH. (PR)