Menu
19/04/2002
Seagate announces third quarter results
Seagate Technology Inc, which has two facilities in Northern Ireland, has reported consolidated revenue of $1.8 billion and Generally Accepted Accounting Principles net income of $196 million for its third quarter ended March 29.
Excluding restructuring charges of $4 million the company reported pro forma net income of $199 million for the same period.
Seagate and its affiliated companies are controlled by New SAC, a Cayman Islands limited company. Its two facilities in Northern Ireland employ over 1,800 people between them.
At their Springtown water fabrication facility, the company develops and manufactures the recording heads which write information onto, and read information from, the recording disc inside a computer's hard drive.
Its Limavady facility, meanwhile, produces nickel-plated aluminium substrates, the core material on which computer hard disc drives read, write and store digital information. (MB)
Excluding restructuring charges of $4 million the company reported pro forma net income of $199 million for the same period.
Seagate and its affiliated companies are controlled by New SAC, a Cayman Islands limited company. Its two facilities in Northern Ireland employ over 1,800 people between them.
At their Springtown water fabrication facility, the company develops and manufactures the recording heads which write information onto, and read information from, the recording disc inside a computer's hard drive.
Its Limavady facility, meanwhile, produces nickel-plated aluminium substrates, the core material on which computer hard disc drives read, write and store digital information. (MB)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
02 February 2005
Seagate's external hard drive wins top design award
Seagate's External Hard Drive has won a 'Good Design' Award from the Chicago Athenaeum Museum of Architecture and Design in the museum's 'Electronics' category.
Seagate's external hard drive wins top design award
Seagate's External Hard Drive has won a 'Good Design' Award from the Chicago Athenaeum Museum of Architecture and Design in the museum's 'Electronics' category.
23 October 2001
Belfast tech company gets share of multi-million pound deal
One of Europe’s leading customer relationship management (CRM) software players, Amacis is set to share in a deal worth £650 million.
Belfast tech company gets share of multi-million pound deal
One of Europe’s leading customer relationship management (CRM) software players, Amacis is set to share in a deal worth £650 million.
25 February 2002
Online bank Egg slashes pre-tax losses
Internet bank Egg has revealed it reached its breakeven target for the October to December period. The company also slashed its pre-tax losses by £67 million to £88 million in 2001 as well as reporting a 103 per cent rise in operating income. The bank's income also reached £189 million compared with £93 million a year earlier.
Online bank Egg slashes pre-tax losses
Internet bank Egg has revealed it reached its breakeven target for the October to December period. The company also slashed its pre-tax losses by £67 million to £88 million in 2001 as well as reporting a 103 per cent rise in operating income. The bank's income also reached £189 million compared with £93 million a year earlier.
17 December 2018
InterTradeIreland Announce Funding Advisory Workshops
InterTradeIreland have announced a series of free funding advisory workshops for small and medium-sized enterprises.
InterTradeIreland Announce Funding Advisory Workshops
InterTradeIreland have announced a series of free funding advisory workshops for small and medium-sized enterprises.
25 October 2018
Techstart Academy Announce Product Management Workshop
The Techstart Academy has announced an event in Belfast on 22 November, which aims to "bring to life" the fundamentals of product management and best practices to drive product success.
Techstart Academy Announce Product Management Workshop
The Techstart Academy has announced an event in Belfast on 22 November, which aims to "bring to life" the fundamentals of product management and best practices to drive product success.
-
Northern Ireland WeatherToday:Very windy with persistent and occasionally heavy rain at first, becoming drier with the wind easing towards midday. Mainly dry with bright spells increasing during the afternoon. Milder than of late. Maximum temperature 14 °C.Tonight:Cloudy with clear spells, mainly dry evening becoming windy with rain at times from late evening. Turning drier with clear spells towards morning. Milder than of late. Minimum temperature 2 °C.
