Western Digital (WDC) Tops Q4 EPS by 8c
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EPS Growth %: +109.5%
Financial Fact:
Net income: -366M
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Western Digital (NASDAQ: WDC) reported Q4 EPS of $0.79, $0.08 better than the analyst estimate of $0.71. Revenue for the quarter came in at $3.5 billion versus the consensus estimate of $3.45 billion.
“Fiscal 2016 was a transformative year for our company and we are pleased by our customers’ response to the new Western Digital,” said Steve Milligan, chief executive officer. “With the combination of SanDisk and our WD and HGST subsidiaries, we are well-positioned to capture global opportunities through our full portfolio of products for data center, client device and client solution end markets. As we begin a new fiscal year, we remain focused on execution and realizing the benefits of our acquisitions while at the same time creating innovative solutions for the market.”
For earnings history and earnings-related data on Western Digital (WDC) click here.
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