Western Digital Reports Fiscal Third Quarter 2020 Financial Results
Western Digital Corporation (WDC)
Last western digital corporation earnings: 4/30 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.wdc.com
Company Research
Source: Business Wire
News SummaryThird quarter revenue was $4.2 billion, up 14% year-over-year (YoY). Data Center Devices and Solutions revenue grew 22%, Client Devices grew 13%, and Client Solutions grew 2% YoY.Third quarter GAAP earnings-per-share (EPS) was $0.06 and non-GAAP EPS was $0.85. Both GAAP and non-GAAP EPS include $13 million cost of revenue impact due to COVID-19.Generated operating cash flow of $142 million and free cash flow of $176 million. Suspending our dividend to strengthen our reinvestment in growth and innovation and to support our ongoing deleveraging efforts.Expecting fourth quarter revenue to be in the range of $4.25 to $4.45 billion with non-GAAP EPS in the range of $1.00 to $1.40. Non-GAAP EPS outlook anticipates the impacts due to COVID-19. SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (Nasdaq: WDC) today reported fiscal third quarter 2020 financial results.“I joined Western Digital a little over a month ago because I have strong conviction in the digital transfo
Show less
Read more
Impact Snapshot
Event Time:
WDC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WDC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WDC alerts
High impacting Western Digital Corporation news events
Weekly update
A roundup of the hottest topics
WDC
News
- Western Digital (NASDAQ:WDC) is now covered by analysts at China Renaissance. They set a "buy" rating and a $193.00 price target on the stock.MarketBeat
- Hard-Drive Makers Are the Real AI Winners. Expect More Gains, Citi Says. [Yahoo! Finance]Yahoo! Finance
- Western Digital Corporation (WDC) Presents at UBS Global Technology and AI Conference 2025 Transcript [Seeking Alpha]Seeking Alpha
- Western Digital (NASDAQ:WDC) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Western Digital (NASDAQ:WDC) had its "buy" rating reaffirmed by analysts at Citigroup Inc..MarketBeat
WDC
Earnings
- 10/30/25 - Beat
WDC
Sec Filings
- 12/4/25 - Form 144
- 12/4/25 - Form 144
- 12/3/25 - Form 4
- WDC's page on the SEC website