Seagate Technology Public Limited Company revised earnings guidance for the second quarter ended December 28, 2012. Seagate expects to report fiscal second quarter 2013 revenue of at least $3.6 billion and gross margin of more than 27%, reflecting unit shipments of approximately 58 million and maintaining market share. These preliminary results compare to the company's previous expectations for revenue of approximately $3.5 billion and gross margin at the lower end of the Company's long-term non-GAAP gross margin range of 27% to 32%.
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- Seagate Technology Public Limited Company Revised Earnings Guidance for the Second Quarter Ended December 28, 2012