Western Digital Q3 Earnings: Revenue Beat, Higher ASP, Upbeat Q4 Guidance And More [Yahoo! Finance]
Western Digital Corporation (WDC)
Last western digital corporation earnings: 4/30 04:01 pm
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US:NASDAQ Investor Relations:
investor.wdc.com
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Source: Yahoo! Finance
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 nearline per unit pricing with flash revenue up both sequentially and year-over-year. Client revenue of $1.17 billion represented 34% of total revenue. Sequentially, the increase in flash ASP more than offset a decline in flash bit shipments while HDD revenue decreased. The year-over-year increase was driven by growth in both flash and HDD ASPs and flash bit shipments. Consumer revenue of $730 million represented 21% of total revenue. Sequentially, both flash and HDD were down at approximately similar rates and in line with seasonality. The year-over-year increase was driven by growth in flash bit shipments and ASP. View more ear
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News
- Western Digital (WDC) Is Considered a Good Investment by Brokers: Is That True? [Yahoo! Finance]Yahoo! Finance
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- Western Digital Corporation (NASDAQ:WDC) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Solid-State Drive (SSD) Insights Q1 2024 - SSD Petabyte Shipments Mark a Record High in Q4 2023 [Yahoo! Finance]Yahoo! Finance
- Western Digital Co. (NASDAQ: WDC) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
WDC
Earnings
- 4/25/24 - Beat
WDC
Sec Filings
- 4/30/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/9/24 - Form 4
- WDC's page on the SEC website