Seagate Technology Holdings Plc - 8-K Summary
Business Context and Reporting Period
This Form 8-K, dated February 4, 2020, reports the financial results for Seagate Technology Public Limited Company for the fiscal second quarter ended January 3, 2020. The filing serves as a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Key Financial Metrics
The filing text references a press release (Exhibit 99.1) containing detailed financial results but does not explicitly state specific values for revenue, profit, cash flow, margins, debt, or liquidity within the body of this 8-K document. Investors must refer to the attached press release for these figures.
Material Changes and Corporate Actions
- Dividend Declaration: On January 27, 2020, the Board of Directors declared a quarterly cash dividend of $0.65 per share.
- Payment Details: The dividend is payable on April 8, 2020, to shareholders of record as of the close of business on March 25, 2020.
Guidance, Outlook, and Management Commentary
Management scheduled a public webcast on February 4, 2020, at 2:00 p.m. Pacific Time to provide an outlook for the fiscal third quarter of 2020, including key underlying assumptions. A replay of the webcast was made available on the company's Investor Relations website. The filing notes that the company routinely uses its website to announce material information.
Investor Verification Checklist
- Verify the specific revenue, net income, and cash flow figures in the attached press release (Exhibit 99.1).
- Confirm the fiscal third quarter 2020 guidance provided during the February 4, 2020, webcast.
- Review the Supplemental Financial Information document available on the Investor Relations website.
- Check the record date (March 25, 2020) and payment date (April 8, 2020) for the $0.65 per share dividend.