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Western Digital targets $3.8 bn in revenue during current quarter

Western Digital targets $3.8 bn in revenue during current quarter
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Western 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

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SanDisk Introduces New Flash Wheelbarrow For Hauling 5,000 Terabytes Of Data

SAN JOSE, CA—Touting it as the perfect solution for conveying enormous quantities of computer files over farmlands and dirt roads, Western Digital introduced a SanDisk flash wheelbarrow Thursday for hauling 5,000 terabytes of data. “With durable wood handles and a sturdy tire for navigating uneven terrain, the SanDisk…

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Western Digital Reports Fiscal Third Quarter 2024 Financial Results

News Summary



Third quarter revenue was $3.46 billion, up 14% sequentially . Cloud revenue increased 45% , Client revenue increased 5% and Consumer revenue decreased % .



Third quarter GAAP...

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Western Digital tops profit expectations on demand from cloud-computing customers

Western Digital surpassed
expectations for quarterly revenue and profit on Thursday,
riding on a surge in demand for its data storage products from
cloud service providers.
The results...

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Western Digital Tops Profit Expectations on Demand From Cloud-Computing Customers

Western Digital Tops Profit Expectations on Demand From Cloud-Computing Customers
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Western Digital Q3 Earnings: Revenue Beat, Higher ASP, Upbeat Q4 Guidance And More - Western Digital (NASDAQ:WDC)

Western Digital reported earnings of 63 cents per share and quarterly sales of $3.46 billion which beat the $3.36 billion analyst consensus estimate. "As evidenced by our excellent third quarter results, Western Digital continues improving through-cycle profitability and dampening business cycles by leveraging our strategy of developing a diversified portfolio of industry-leading products across a broad range of end markets," said David Goeckeler, Western Digital CEO.

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Dimon, Cook, Bezos Attend Biden's State Dinner for Japan's Kishida

Leading technology, finance, and media executives gathered at the White House Wednesday for a state dinner honoring Japanese Prime Minister Fumio Kishida, as US President Joe Biden looked to bolster security and economic ties between the two allies with the star-studded celebration.

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