Western Digital (WDC) Tops Q4 EPS by 6c

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Western Digital Announces Financial Results For Fourth Quarter And Fiscal Year 2015

July 29, 2015 4:15 PM EDT

IRVINE, Calif., July 29, 2015 /PRNewswire/ -- Western Digital® Corp. (NASDAQ: WDC) today reported revenue of $3.2 billion and net income of $220 million, or $0.94 per share, for its fourth fiscal quarter ended July 3, 2015. On a non-GAAP basis, net income was $356 million, or $1.51 per share. In the year-ago quarter, the company reported revenue of $3.7 billion and net income of $317 million, or $1.32 per share. Non-GAAP net income in the year-ago quarter was $445 million, or $1.85 per share.

The company generated $488 million in cash from operations during the fourth fiscal quarter, ending with total cash and cash equivalents of... More