News

Seagate Technology (NASDAQ:STX) Q1 Sales Beat Estimates, Stock Soars

Data storage manufacturer Seagate (NASDAQ:STX) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 30.5% year on year to $2.16 billion. On top of that, next quarter’s revenue guidance ($2.4 billion at the midpoint) was surprisingly good and 3.7% above what analysts were expecting. Its non-GAAP profit of $1.90 per share was 9.2% above analysts’ consensus estimates.

Stride (NYSE:LRN) Exceeds Q1 Expectations, Stock Soars

Online education Stride (NYSE:LRN) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 17.8% year on year to $613.4 million. The company’s full-year revenue guidance of $2.38 billion at the midpoint came in 1.6% above analysts’ estimates. Its GAAP profit of $2.02 per share was 0.7% above analysts’ consensus estimates.