ET 16:30

Western Digital Q1 Profit Rises to $1.78 Billion, Revenue Up 55.5% on Strong Guidance

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Earnings

Western Digital Corp. (WDC) reported first-quarter earnings of $1.779 billion, or $4.63 per share, up from $1.154 billion, or $3.07 per share, a year earlier, the company announced. Revenue for the quarter rose 55.5% to $4.381 billion from $2.818 billion last year. Adjusted earnings came in at $4.64 per share. Looking ahead, the company guided next-quarter EPS to a range of $5.80 to $6.00, with revenue projected between $5.1 billion and $5.2 billion.

ByTicklex Editorial