Western Digital (WDC) Tops Q4 EPS by 12c

Western Digital (NASDAQ: WDC) reported Q4 EPS of $2.93, $0.12 better than the analyst estimate of $2.81. Revenue for the quarter came in at $4.8 billion versus the consensus estimate of $4.81 billion.

“We reported strong financial performance in the June quarter to complete an outstanding fiscal 2017, demonstrating the differentiated value that we can deliver as a comprehensive data solutions provider,” said Steve Milligan, chief executive officer. “Our unique platform of diverse storage technologies and value-added products helped drive this performance as we addressed a broader set of markets following the SanDisk acquisition. We operated near the top of our revenue growth model with 7 percent year-over-year top-line growth on a pro-forma basis, and we delivered very healthy margins.”

For earnings history and earnings-related data on Western Digital (WDC) click here.

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