Western Digital (WDC) Misses Q3 EPS by 3c

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Go back to Western Digital (WDC) Misses Q3 EPS by 3c

Western Digital Announces Financial Results For Third Quarter Fiscal 2015

April 28, 2015 4:15 PM EDT

IRVINE, Calif., April 28, 2015 /PRNewswire/ -- Western Digital® Corp. (NASDAQ: WDC) today reported revenue of $3.5 billion and net income of $384 million, or $1.63 per share, for its third fiscal quarter ended Apr. 3, 2015. On a non-GAAP basis, net income was $441 million or $1.87 per share. In the year-ago quarter, the company reported revenue of $3.7 billion and net income of $375 million, or $1.55 per share. Non-GAAP net income in the year-ago quarter was $470 million, or $1.94 per share.

The company generated $684 million in cash from operations during the third fiscal quarter, ending with total cash and cash equivalents of... More