back to article Out of Luczo, Seagate? Revenues and profits are shrinking again

Seagate chairman and CEO Steve Luczo is watching his company's revenues and profits shrink for the second year in a row – Seagate’s immense disk business business is spinning more slowly these days. For its fourth fiscal quarter, ended 27 June, revenues were $3.3bn, 3.7 per cent down on last year’s Q4 and 3 per cent down on …

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