SEAGATE TECHNOLOGY $STX Q1’27 EARNINGS HIGHLIGHTS 🔹 Revenue: $4.2B (Est. $4.14B) 🟢 🔹 Adj. EPS: $7.68 (Est. $7.42) 🟢 🔹 Gross Margin: 57.8% 🔹 Free Cash Flow: $1.5B Q2 Guide: 🔹 Revenue: $4.8B +/- $100M (Est. $4.53B) 🟢 🔹 Adj. EPS: $9.20 +/- $0.20 (Est. $8.58) 🟢 Other Q1 Metrics: 🔹 Cash Flow From Operations: $1.7B 🔹 GAAP EPS: $7.59 Capital Return: 🔹 Returned to Shareholders: $568M 🔹 Quarterly Dividend: $0.76/share Comments: 🔸 “Seagate delivered another quarter of record profitability and our highest ever free cash flow in the September quarter, demonstrating the earnings power of our business amid a strengthening demand environment.” 🔸 “Data creation, retention and reuse continue to compound storage demand with long term customer demand visibility reinforcing our view of a multi-year growth phase.”