Disk-drive makers spin out strong profits

By on October 22, 2003, 11:34 AM
Disk-drive makers Maxtor and Seagate Technology beat analysts' earnings expectations Tuesday, another sign of good times for the industry.

Maxtor reported earnings per share, excluding charges, of 20 cents and revenue of $1.07 billion for the quarter ended Sept. 27. Analysts on average were expecting earnings of 17 cents per share, excluding charges, and revenue of $991 million, according to research firm First Call.

Read more: [URL=http://news.com.com/2100-1015-5094672.html?tag=cd_top]CNet News[/URL].

Add New Comment

TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...
Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.