Seagate Technology plc (STX) CEO Dave Mosley on Q4 2020 Results - Earnings Call Transcript

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Q4: 2020-07-28 Earnings Summary

EPS of $1.20 misses by $0.10
 | Revenue of $2.52B (6.16% Y/Y) misses by $103.33M

Seagate Technology plc (NASDAQ:STX) Q4 2020 Earnings Conference Call July 28, 2020 5:00 PM ET

Company Representatives

Dave Mosley - Chief Executive Officer
Gianluca Romano - Chief Financial Officer
Shanye Hudson - SVP, Investor Relations & Treasury

Conference Call Participants

Katy Huberty - Morgan Stanley
Patrick Ho - Stifel
Ananda Baruah - Loop Capital
Shannon Cross - Cross Research
Kevin Cassidy - Rosenblatt Securities
Steven Fox - Fox Advisors
C.J. Muse - Evercore ISI
Karl Ackerman - Cowen
Toshiya Hari - Goldman Sachs
Dustin Scaringe - Robert Baird

Operator

Good afternoon and welcome to the Seagate Technology, Fourth Quarter and Fiscal Year 2020 Financial Results Conference Call. My name is Jason and I will be your coordinator for today. At this time all participants are in a listen-only mode. Following the prepared remarks there will be a question-and-answer session. As a reminder, this conference is being recorded for replay purposes.

At this time, I would like to turn the call over to Shanye Hudson, SVP, Investor Relations and Treasury. Please proceed Shanye.

Shanye Hudson

Thank you. Good afternoon everyone and welcome to today’s call. Joining me are Dave Mosley, Seagate’s Chief Executive Officer and Gianluca Romano, our Chief Financial Officer. We posted our earnings press release and detailed supplemental information for our June quarter and fiscal 2020 year end on the Investors section of our website.

During today’s call we will refer to GAAP and non-GAAP measures. Non-GAAP figures are reconciled to GAAP figures in the earnings press release posted on our website and Form 8-K that was filed with the SEC. We have not reconciled certain non-GAAP outlook measures, because material items that may impact these measures are out of our control and/or cannot be reasonably predicted. Therefore a reconciliation to the corresponding GAAP measures is not available without unreasonable effort.

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