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Seagate Technology Reports Second Quarter Fiscal 2003 Results

by Anton Shilov
01/13/2003 | 08:51 PM

Seagate Technology today reported record shipments of 18.3 million disc drives for the second quarter of its fiscal year 2003. The company said consolidated revenue of $1.734 billion, net income of $198 million and diluted net income per share of $0.43 for its quarter ended December 27, 2002. For the year-ago quarter ended December 28, 2001, consolidated revenue was $1.629 billion, net income was $124 million and diluted net income per share was $0.31.

18.3 million of HDDs is the company’s record in shipment per one quarter.

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