Western Digital Q1 Earnings Beat on Solid Revenue Growth, Stock Jumps
WDCWestern Digital(WDC) ZACKS·2024-10-25 20:45

Western Digital Corporation (WDC) reported first-quarter fiscal 2025 non-GAAP earnings of $1.78 per share, surpassing the Zacks Consensus Estimate by 2.3%. The company incurred a loss of $1.76 per share in the prior-year quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Revenues of $4.1 billion missed the Zacks Consensus Estimate by 0.4%. However, the top line climbed 49% year over year owing to strong demand trends across Cloud end markets. On a sequential basis, revenues inc ...