Susquehanna Cuts Price Target on Western Digital (WDC) Following 4Q15
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Western Digital Announces Financial Results For Fourth Quarter And Fiscal Year 2015
July 29, 2015 4:15 PM EDTIRVINE, 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
Reminder: Western Digital Sets July 29 For Q4 Fiscal 2015 Financial Results Conference Call/Webcast
July 29, 2015 8:58 AM EDTIRVINE, Calif., July 9, 2015 /PRNewswire/ -- Western Digital® Corp. (NASDAQ: WDC) today announced that the company will release its financial results for the fourth fiscal quarter ended July 3, 2015 after the close of the market on Wednesday, July 29, 2015. The investment community conference call to discuss these results will be broadcast live over the Internet that day at 2 p.m. Pacific/5 p.m. Eastern.... More
