Western Digital (WDC) Tops Q2 EPS by 16c
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EPS Growth %: +97.6%
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Research and development: 639M
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Western Digital (NASDAQ: WDC) reported Q2 EPS of $2.26, $0.16 better than the analyst estimate of $2.10. Revenue for the quarter came in at $3.89 billion versus the consensus estimate of $3.83 billion.
"We delivered strong financial results in the December quarter, with better-than-anticipated revenues, gross margins, and earnings," said Steve Milligan, president and chief executive officer. "The diversified nature of our business and solid execution by our HGST and WD® subsidiaries are enabling us to consistently deliver strong financial performance. Also, I am encouraged by the market's response to our strategic growth initiatives, which we believe position the company to thrive in the evolving data storage ecosystem."
For earnings history and earnings-related data on Western Digital (WDC) click here.
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