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Western Digital Corporation (WDC)
After hours:
| Previous close | 69.55 |
| Open | 66.71 |
| Bid | 69.43 x 400 |
| Ask | 69.51 x 400 |
| Day's range | 65.29 - 70.10 |
| 52-week range | 32.01 - 76.92 |
| Volume | |
| Avg. volume | 6,701,885 |
| Market cap | 22.67B |
| Beta (5Y monthly) | 1.55 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -7.26 |
| Earnings date | 25 Apr 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 02 Apr 2020 |
| 1y target est | 85.28 |
BenzingaWestern Digital Q3 Earnings: Revenue Beat, Higher ASP, Upbeat Q4 Guidance And More
Western Digital Corporation (NASDAQ:WDC) reported third-quarter financial results after the bell on Thursday. Here's a look at the highlights. Western Digital reported earnings of 63 cents per share, which is not comparable to the consensus of 20 cents. It clocked quarterly sales of $3.46 billion, beating the $3.36 billion analyst consensus estimate. Cloud revenue of $1.55 billion represented 45% of total revenue, with its growth primarily attributed to higher nearline shipments and improved nea
GuruFocus.comWestern Digital Corp (WDC) Surpasses Quarterly Revenue Expectations, Reports Strong Earnings Growth
Comprehensive Analysis of Fiscal Q3 2024 Performance
- Reuters
Western Digital tops profit expectations on demand from cloud-computing customers
The results are the latest sign that demand for memory chips is improving, after earnings of larger rivals Micron Technology and Samsung Electronics also showed a rebound in prices of the semiconductors following a severe downturn. "We are in the early innings of unlocking the full potential of this company, and as industry supply and demand dynamics continue to improve, we will remain disciplined around our capital spending," said Western Digital CEO David Goeckeler. Western Digital said its revenue rose 23% to $3.46 billion in the three months ended March 29, beating LSEG estimates of $3.36 billion.
