Western Digital (WDC) Misses Q2 EPS by 4c

Western Digital (NASDAQ: WDC) reported Q2 EPS of $1.45, $0.04 worse than the analyst estimate of $1.49. Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $4.25 billion.

“Despite a softening business environment, our fiscal second quarter results were generally within our guidance ranges,” said Steve Milligan, chief executive officer, Western Digital. “We are taking actions to better align our cost and expense structure to near-term business conditions while continuing to deliver innovative solutions to drive our future success. We enter calendar 2019 with the strongest product portfolio in our history and confidence in our ability to capitalize on the long-term opportunities associated with data growth.”

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

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