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-5.39519827353165E-05 -5.39519827353165E-05 -0.000458591853250497 -0.000458591853250497 0.000485567844618308 0.000192608578365362 -0.00404639870515241 0.0009171837065013
Stock impact report

Solid Demand, Upbeat View to Fuel Seagate (STX) Post Q3 Earnings [Yahoo! Finance]

Badger Meter, Inc. (BMI) 
Last badger meter, inc. earnings: 4/16 08:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Seagate reported non-GAAP earnings of 33 cents per share, beating the Zacks Consensus Estimate by 22.2%. The company reported a non-GAAP loss of 28 cents per share in the year-ago quarter. Management anticipated non-GAAP earnings to be 25 cents (+/- 20 cents). Non-GAAP revenues of $1.655 billion missed the Zacks Consensus Estimate by 0.7%. The figure declined 11% on a year-over-year basis. However, sales figure came in within management's guided range of $1.65 billion (+/- $150 million). (Read more: Seagate's Q3 Earnings Beat Estimates, Revenues Miss) Improving Demand Trends Driving Growth Sequential improvement in fiscal third-quarter sales was largely driven by increasing mass capacity demand with nearline cloud demand picking up pace. In the fiscal third quarter, total sales improved 6% sequentially, driven by stronger nearline cloud demand, which offset seasonal declines in the VIA market. Nearline cloud revenues improved owing to higher sales to cloud customers across Show less Read more
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