The CEO added that the product issue impacted enterprise product shipments by around 1.5 million units and drove non-GAAP gross margin below Seagate's targeted plan.
The hard drive specialist was another active premarket Nasdaq stock on share volume of 153,777.
Seagate's numbers also weighed heavily on rival
(WDC - Get Report)
on Friday, pushing the company's shares down 2.38% to $29.95 before market open.
shares, however, rose on the storage specialist's
third-quarter guidance, announced with its second-quarter results after market close on Thursday.
Shares of the data storage company climbed 7.34% to $12.58 before market open on Friday.
(AAPL - Get Report)
shares, which surpassed $600 on Thursday, dipped 0.95% to $605.97 in premarket trading.
--Written by James Rogers in New York.
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