Western Digital (WDC) Tops Q3 EPS by 25c

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Go back to Western Digital (WDC) Tops Q3 EPS by 25c

Western Digital Announces Financial Results for Third Fiscal Quarter 2017

April 27, 2017 4:10 PM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Western Digital Corp. (NASDAQ: WDC) today reported revenue of $4.6 billion, operating income of $525 million and net income of $248 million, or $0.83 per share, for its third fiscal quarter ended March 31, 2017. The GAAP net income for the period includes charges associated with the companys recent acquisitions. Excluding these charges and after other non-GAAP adjustments, third quarter non-GAAP operating income was $1.0 billion and non-GAAP net income was $716 million, or $2.39 per share.

In the year-ago quarter, the company reported revenue of $2.8 billion, operating income of $88 million and net income of $74 million,... More