Western Digital (WDC) Tops Q2 EPS by 17c

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Go back to Western Digital (WDC) Tops Q2 EPS by 17c

Western Digital Announces Financial Results for Second Fiscal Quarter 2017

January 25, 2017 4:10 PM EST

IRVINE, Calif.--(BUSINESS WIRE)-- Western Digital Corp. (NASDAQ: WDC) today reported revenue of $4.9 billion, operating income of $545 million and net income of $235 million, or $0.80 per share, for its second fiscal quarter ended Dec. 30, 2016. The GAAP net income for the period includes charges associated with the companys recent acquisitions. Excluding these charges and after other non-GAAP adjustments, second quarter non-GAAP operating income was $995 million and non-GAAP net income was $675 million, or $2.30 per share.

In the year-ago quarter, the company reported revenue of $3.3 billion, operating income of $251 million and net income of $251 million, or... More